Thanks Hamed! Everyone is so bullish and forgetting that index is up c +12% in 2m. Apart from more mindless QE that is supporting this there isn't much else to justify. Look at recent consumer confidence out of Germany -ve 3m in row! Also Powell nomination will reverse recent EurUsd weakness. Wont even mention geopolitical risks.
This rally feels exhausted to me!
HamedAghajani
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@Pagvi, Thanks for the comment. I have no understanding of fundamental. I keep shorting Eurusd targetting1.04.
This rally feels exhausted to me!