Summary : short EUR
Head and shoulder pattern broken.
The rest of the world is slowing down from a macro perspective with Covid delta cause problems is Asia.
Risk off and USD will appreciate
The USD is still accounting for 80% of world trade. It is the anchor (today) of the global system.
Head and shoulder pattern broken.
The rest of the world is slowing down from a macro perspective with Covid delta cause problems is Asia.
Risk off and USD will appreciate
The USD is still accounting for 80% of world trade. It is the anchor (today) of the global system.
Comment:
Break down in progress
