U.S. Dollar / Euro

USDEUR Fails to repeat pattern - monthly outlook

50
Will USDEUR fail a second time? This one seems to really be counting on a catalyst to propel it to the upper range again. Seems to be running out of momentum. Does it indicate a weakening US dollar or a strengthening Euro?

My feeling it that it will surprise us again to the upside, due to it following the rising black trend lines. But we'll see soon enough. A fall lower would help the case for rising gold prices.

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