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LevRidge
Jan 6, 2017 6:56 AM

EU one more bump up Short

Euro Fx/U.S. DollarFXCM

Description

Then drop.. GL

Comment

Yet another push up coming as EU missed touching the arc...
Comments
Yuyu327
hi, what is arc?
failathon
I'm polar opposite here... I'm thinking drop down to 1.045 mark then a bounce up - USDJPY/USDCHF/USDOLLAR seem to say that there's a final thrust forward before the trump rally is over
failathon
hit send too quickly.. USDCHF/USDOLLAR is what I'm using for USD roadmap right now to provide additional context
LevRidge
@failathon, We'll have to see but i'm fairly certian eu is going to drop hard soon.. the last push up just missed the arc so I'd expect another push up early in the week before the drop to new lows. I have a reaaaaalllllyyyyyyy hard time seeing eu going past the 1.065 high.
MANOLIS
Nice :) the negative sentiment on the US economy at the time, makes EU very volatile. Let's see NFP 4 today

GL
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