I give only one or two days for EurUsd before it tags the 50 EMA (1.1291) and the trendline highlighted in orange.
I think EurUsd will bottom around the Brexit (23th June).
I'm looking forward to see real panic in the Euro during this 6 weeks.
We might stop for a little at the 50 EMA but price will break soon the orange trendline.
I think EurUsd will bottom around the Brexit (23th June).
I'm looking forward to see real panic in the Euro during this 6 weeks.
We might stop for a little at the 50 EMA but price will break soon the orange trendline.
Comment:
At the trendline...