Will USDEUR fail a second time? This one seems to really be counting on a catalyst to propel it to the upper range again. Seems to be running out of momentum. Does it indicate a weakening US dollar or a strengthening Euro?
My feeling it that it will surprise us again to the upside, due to it following the rising black trend lines. But we'll see soon enough. A fall lower would help the case for rising gold prices.
My feeling it that it will surprise us again to the upside, due to it following the rising black trend lines. But we'll see soon enough. A fall lower would help the case for rising gold prices.