The recent trade negotiations could cause an upwards thrust in USD if all economies agree to a deal by the end of the month. Additionally, the quant scores suggesting some longer term leading strength until otherwise.
Technicals provided on chart Fundamentals LogicStrategy quant scores suggesting a reversal in EURNZD. Potential high risk trade idea going against the recent trend. Safest stop looks like 1.7195 however with greatly reduced reward.
EUR has been hit with weeks of negative economic data. CHF on the other hand has been seen with positive data. This is a great swing opportunity over the coming week.
LogicStrategy Scores: EUR = -27 , showing recent contractions and shifts to a weaker economic outlook. CHF = 36 , showing consistent strength for an extended period.
LogicStrategy Scores AUD Short Bias - Huge -21 shift CAD long Bias - Continued strength with a +15 shift TA - In a confirmed sell off price band - low breaks - Evening Stars