Euro Fx Futures has recently jumped to 1.10 level, the highest one since mid-January, mid-March, and than since mid-July, 2024. The main technical graph indicates this level can be recognized as a key resistance.
I have no intension to take any of Long / Short positions immediately right here. Btw in any case of b/through, Euro Fx pair has an opportunity to be delivered even higher, up to 1.1170 - 1.1200 range.
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August 5, 2024
1.10 seems to be done
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August 14, 2024
Eur/Usd Futures breaks its major resistance, after multi-days consolidation.
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August 19, 2024
Eur/Usd spot becomes positive in 2024, just set new 6Mo high.
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August 20, 2024
Eur/Usd spot just has hit 52-week highs, sending dirty bucks to the trash.
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