Faster Rising US Than German Yields Causes A Drop On EURUSD

By ew-forecast
Hi traders,

I hope you had a nice weekend.

In this new video update, I want to look at US-German yields differential as this may suggests where the USD can be headed next. However, technically the DXY downtrend is not completely invalidated yet, so rather than shorting EURUSD, look at USDJPY instead where I see more upside after retracement.

Have a nice day.

GH
bondsChart PatternsElliott WaveEURUSDintermarketanalysisUSDJPYyeild
ew-forecast
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