EU is flirting with its next resistance of 1.04, having passed it once.... upside might not be over for GU
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DislikedEURUSD just hit 1.04 for the first time since 5th July and is at some major resistance. Also don't think that the world is dumping dollars on the basis of a CPI figure -0.2% below forecast. Dollar strength isn't over in my view. There is still a dollar shortage, commodities are still priced in them and a lot of countries still need them to pay their dollar denominated debt.Ignored
Disliked{quote} Current Rate : 1.17709 I am +15 Pips as i write this , i would like to see 2 Objectives completed by GBP/USD by today's end. 1). A Daily Close above 1.18210 2). 1.18850 is Touched by Price -Bella's Blue . {image}Ignored
DislikedOn the EURUSD daily, a 50% fib retracement from this point will take price nicely back to support from this area of resistanceIgnored