After a very good and stable run in the UK and EU. The Us open did a retracement and went straight into the support zone. To get the next confirmation I want to see a break of the resistance zone.
Is this the last bull leg?
We are looking for the last rally bullish leg to 0.8125. Looks like the momentum is still there and good volume. We have a see.
Think the USD will strengthen into rate meeting in December. ECB announced that they will not rate hike in 2017. Maybe in 2018.. This will weaken the EUR.
Think the USD will strengthen into rate meeting in December. ECB announced that they will not rate hike in 2017. Maybe in 2018.. This will weaken the EUR.