EUR/USD (4 Hours) Starts to decline, but the recent upward trend remains unchanged
The euro/dollar weakened in early trading today, breaking away from a strong period and hitting a two month high on Friday. The expectation of a near-term break of 1.1111 is that we may see further gains in the short term. So while we see some downtrend, this looks like a buying opportunity unless the pair falls below the 1.1115 shock low.
The euro/dollar weakened in early trading today, breaking away from a strong period and hitting a two month high on Friday. The expectation of a near-term break of 1.1111 is that we may see further gains in the short term. So while we see some downtrend, this looks like a buying opportunity unless the pair falls below the 1.1115 shock low.
