EUR/USD Scenarios
As you can see in the chart I think short term the euro could carry to 1.35 or so.. any upside past that creates great opportunites for a tramendous drop in the dollar's value relative to the euro.
On the other hand by my simple teal blue line...support has become resistance and a failure at or before 1.35 could bring the euro back down significantly...I wouldn't put a position on except long for the next 2%...
On the other hand by my simple teal blue line...support has become resistance and a failure at or before 1.35 could bring the euro back down significantly...I wouldn't put a position on except long for the next 2%...
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