Euro looks exhausted now. It did not reach the highest target. Probable reaction in the market because of the 25% taxes by the USA coming next week. Watch out if you keep open position long here.
I do not take any risk here because next week the USA is putting 25% taxes on a diversity of EU products which is another big problem. Good thing that there is a deal for the Brexit but now the EU has to face Trump and his destroying strategy. I think the EUR will comme down again but this will be for a short term until the EU will release their response to Trumps ambitions. Thus I think the eurusd will fall down for a nice correction before the next rise.
loutchy
⋅
I think it depends big time on brexit now. negative brexit...down again by next week