Hi all,
Just my 2 pence.
- After continuous increase of the interest rate since January, it is a human (read: market) reaction that enthusiasm tempers a bit after 6 months.
- NZD recently hit an high dating since 2011
- EUR hit 1.35, with 1.34 as ultimate low, before getting back into shape
- British economy sends positive signals
- and certainly more that I overlooked....
I think it can be expected that there will be a slight correction. Keeping the balance between the Northern and Southern hemisphere, if you will![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Also, price has broken daily support. And compared to fellow traders, my TP's are quite conservative.
Anyway, just a brainfart. Feel free to comment! Certainly if you don't agree!
Regards
Just my 2 pence.
- After continuous increase of the interest rate since January, it is a human (read: market) reaction that enthusiasm tempers a bit after 6 months.
- NZD recently hit an high dating since 2011
- EUR hit 1.35, with 1.34 as ultimate low, before getting back into shape
- British economy sends positive signals
- and certainly more that I overlooked....
I think it can be expected that there will be a slight correction. Keeping the balance between the Northern and Southern hemisphere, if you will
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Also, price has broken daily support. And compared to fellow traders, my TP's are quite conservative.
Anyway, just a brainfart. Feel free to comment! Certainly if you don't agree!
Regards