I am not saying follow this idea, because we do not know when things will change dramatically.
Technically speaking we are way over the border, and we should retrace back to $ 95 at least. So a sell @ 110-120 etc seems the way to go.
The fundamental side... hmmmmm... do not touch it... but ok its great to look at the chart and movement. It's clearly overdone until it does not exist... or major event change it... if a sudden cease fire or troop movement withdrawal Russians... the currency pair will decline sharply...so carefully either side of the fence...
my advise stay out of it :)
Technically speaking we are way over the border, and we should retrace back to $ 95 at least. So a sell @ 110-120 etc seems the way to go.
The fundamental side... hmmmmm... do not touch it... but ok its great to look at the chart and movement. It's clearly overdone until it does not exist... or major event change it... if a sudden cease fire or troop movement withdrawal Russians... the currency pair will decline sharply...so carefully either side of the fence...
my advise stay out of it :)