Techonomic Trading Strategies have been short the Euro/USD since Feb 8th, 2022. The only time the 22yr TL was penetrated was in 2020 at the start of the pandemic as pointed out by @StanleyFX trader. Our belief is that current conditions trump that period and expect further losses to the 1.0800 area.
Kommentar:
1.08000 area objective realized. market order was alert was triggered @ 1.0810 and we are now flat, Techonomic Trading Strategies view current price action as corrective.