I believe this weeks move higher has been from Euro based investors liquidating their USD equity exposure.
I believe this is a short term bounce and I would use this opportunity to sell EURUSD at 1.11 with a Stop Loss at 1.115, as we continue the downtrend.
I believe this is a short term bounce and I would use this opportunity to sell EURUSD at 1.11 with a Stop Loss at 1.115, as we continue the downtrend.