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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