Euro is retracing in a 3 complex waves called (WXY) i am expecting to see the pair near 1.1460/1.1430 area to long it again.
i still see that the tapering is already discounted in the market thus we are seeing an upside momentum in DXY and negative yields on Euro and other currencies.
however the upside is limited on the DXY and more weakness is expected in the near future.
i still see that the tapering is already discounted in the market thus we are seeing an upside momentum in DXY and negative yields on Euro and other currencies.
however the upside is limited on the DXY and more weakness is expected in the near future.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.