EUR/USD
continued dropping today and fell over another 100 pips, reaching 1.1460.
Nothing seems to be slowing down this pair any more. I admit this is one of the
most impressive drops I have seen in the past few years – the other being, of
course, the LCrude drop. That said, I do wonder when will the EUR/USD pair
begin correction. There are no more serious support levels on its way down as
far as I can tell, but obviously it cannot fall forever. The more it falls, the
more suspicious and tense I feel.
Great analysis! We have to be very careful with this asset.
ReplyDeleteGreat assessment. I'll keep a close eye on it.
ReplyDeleteVery useful, thank you.
ReplyDeleteAn impressive drop indeed.
ReplyDelete