Kiss of death or foreplay?
Updated
The Euro is kissing the 55 MA on the daily chart, its under all of its major moving averages and it looks really bullish ngl. I have a feeling that wall street wouldn't hand this play on a silver platter like this.
If we do pop to the upside I am looking to short at 1.08. There is a lot of room for the down side.
Side note, how did the bond market not crash the market yet/ break something in the economy? If something is broken in the economy, wouldn't Jerome start to cut? WRONG, inflation is here to stay ladies ;)
If we do pop to the upside I am looking to short at 1.08. There is a lot of room for the down side.
Side note, how did the bond market not crash the market yet/ break something in the economy? If something is broken in the economy, wouldn't Jerome start to cut? WRONG, inflation is here to stay ladies ;)
Note
Three Kisses on the 55 MA?????????Still no decision made yet on market direction, I do always remember hearing that the more price gets "rejected" or "touches the trend line" the more likely it is to break it. Good luck yawl.
Note
3 kisses and we broke, to 1.14 we go!
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