EUR/USD finaly broke out of the consolidation. Not only that, it also took out some sellers. What now?
I believe it's to early to jump to conclusions, BUT... I do prefer shorts at the moment, since there is not enough bullish volume for my taste. If we do se buyers coming in to the market, and signs of trend reversal with that... we might just shift to longs within the next couple weeks.
In the meantime, I'm waiting for some nice areas of SUPPLY to search for shorts!
Awesome idea, i agree on EURO weakness against USD!
FerrariLover123
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@JoeChampion, Thanks for your comment! Yes, atleast for now, technicals are making it seem that way. I believe there's a lot of manipulation hapening so sooner or leter i anticipate a drastical shift in the market trend. Would you agree, or do you think the Euro might fall in to the all time lows against the Dollar?