EURUSD: Every Trend Has An End
Could this be the end of a great run? Pretty convincing signs I'd say.
1> this weeks momentum reaches equal peak of previous bull run
2> large speculators begin declining exactly at peak volume of this trend while industrial is loosening up on their shorts
Can the euro really justify a good reason to go higher given its current economic status, or is its only reason riding on the fall of the USD? Either way; this looks like its brewing to be a defining week!
Professional, respectful, rational comments welcome and appreciated.
Peace & Profit!
~ Ron B.
1> this weeks momentum reaches equal peak of previous bull run
2> large speculators begin declining exactly at peak volume of this trend while industrial is loosening up on their shorts
Can the euro really justify a good reason to go higher given its current economic status, or is its only reason riding on the fall of the USD? Either way; this looks like its brewing to be a defining week!
Professional, respectful, rational comments welcome and appreciated.
Peace & Profit!
~ Ron B.
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