next weeks will target 1.39x at current rate of ascent. long term res is 1.42 onwards where it was during the euro bubble a few years ago.
i think chart of USD is very extended, and with no debt downgrade, will need a breather for a week or two.
To think all these hundreds of pips started with a minor China credit ratings downgrade. There hasnt been a word uttered by the major US firms.
i think chart of USD is very extended, and with no debt downgrade, will need a breather for a week or two.
To think all these hundreds of pips started with a minor China credit ratings downgrade. There hasnt been a word uttered by the major US firms.