quickly while we are in this tug-o-war with the bears and bulls fighting for supremacy (range needs to be broken 1.3725+ to the upside and 1.3635- to the downside).
why should the euro make a higher high today? As this move up was mostly fundamentally driven fueled strongly by fear/panic in the markets....what logical reason does it have for another rally today?
on the other hand...why should the dollar rally. "triple withcing day" which is a very good reason...longs taking profits on equities which directly correlates to eur/usd (most days)...anything else?
why should the euro make a higher high today? As this move up was mostly fundamentally driven fueled strongly by fear/panic in the markets....what logical reason does it have for another rally today?
on the other hand...why should the dollar rally. "triple withcing day" which is a very good reason...longs taking profits on equities which directly correlates to eur/usd (most days)...anything else?
Different opinions highly valued, ignorant to slander.