Spot is too big to be manipulated, DX is another matter though. If its "destiny" is to be manipulated down, then Euro will rise. What happened recently with USD rising is flight to "safety" from one reserve currency into another. So far this sort of remains the case, yet with many question marks. Hence all this congestion. If USD will break 82.5 upward watch for Euro negative tabloids to flood the news, if 80 breaks down, then attention will switch back to USD, the old game will take place of USD trashing to prop up stocks.
Let's face it there are problems everywhere, it's about who takes centre stage first.
Let's face it there are problems everywhere, it's about who takes centre stage first.
Prices oscillate, trends persist. Trend is your friend.