top of page

EUR Break-Out – Trade Or Trap?

Since Friday, EUR/USD has pushed through previous highs for this cycle, and on the back of it, accelerated up quite rapidly, adding 2 more figures between Friday afternoon and today. That said, over the coming weeks, the risk/reward may now be extended. There is a lot of historical resistance that can be identified on EUR/USD between 1.23 and 1.25, further some of the cross asset dynamics may be suggesting some positive developments for the US Dollar over the next couple of months...


Featured Posts
Archive
Recent Posts
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Social Icon
bottom of page