We are short from 1.1607 with a SL above the highs giving it a small leash.
The belief that inflation is coming, well already here actually (Copper, TLT, GOLD, Oil, Grains etc...), that cycle is just beginning but will take time to play out. So this is a shorter-term play for a correction after a nice large run in the EURUSD.
The belief that inflation is coming, well already here actually (Copper, TLT, GOLD, Oil, Grains etc...), that cycle is just beginning but will take time to play out. So this is a shorter-term play for a correction after a nice large run in the EURUSD.
Comment:
Tight SL if not comfortable with this
Trade closed: stop reached
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