It is looking like it could turn down temporarily and then move up to the upper channel.
This also agrees with the the USD possible correction idea I posted as the USD is very over-bought and needs to correct before continuing it's bull run.
The question is will the EURO start trending up now or after it goes down and hits the lower trend line.
The big trade here would be to be long on the Euro on the big move up.
This also agrees with the the USD possible correction idea I posted as the USD is very over-bought and needs to correct before continuing it's bull run.
The question is will the EURO start trending up now or after it goes down and hits the lower trend line.
The big trade here would be to be long on the Euro on the big move up.
