I noticed that price stopped along the Fibonacci Trail at the .618 and .5 fib levels on the way up. If it retraces some it should hit the .213 Fib around 1.15073.
It's overbought as all get out. Powell might go off the Trump Train script tomorrow and give good news for the dollar and bad news for the market.
Fundamentally, I don't see Euro dropping for a while. Dollar is down. Exports are important to Trump and low dollar helps if Euro has better buying power.
I dunno.
It's overbought as all get out. Powell might go off the Trump Train script tomorrow and give good news for the dollar and bad news for the market.
Fundamentally, I don't see Euro dropping for a while. Dollar is down. Exports are important to Trump and low dollar helps if Euro has better buying power.
I dunno.