Probable scenario for Sunday August 28 (and beyond) : The euro will touch 1.4440 first before moving up.
That sudden 175 pip move on Friday (from 1.4325 to 1.4500 in 3 hours) was way too powerful to be fake. Also note that the euro closed near the high of the day. On a Friday that's a strong signal. Short traders should proceed with caution...
That sudden 175 pip move on Friday (from 1.4325 to 1.4500 in 3 hours) was way too powerful to be fake. Also note that the euro closed near the high of the day. On a Friday that's a strong signal. Short traders should proceed with caution...