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How Confident Are You In the EUR/USD’s Reversal?
•While October is looking to be a quiet month overall, EUR/USD looks to be staging a productive shift on lower time frames •A clear head-and-shoulders pattern has formed for this benchmark pair and arguments can be made whether it broke Thursday •Fundamentals need to provide the drive for me - but there we have an ECB extension of QE and the Fed on tap next week The EUR/USD continues to ramp up its analytical appeal. Regardless of the analysis view we approach this benchmark currency pair from, it seems like the trading potential is building. The question therefore is: what is the saturation point for my or ... (full story)
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