The bullish structure which EURUSD had before this week has turned sour as the price failed to break the supply zone at 1.128 but instead fell back to the range bottom at 1.12 again.
In this week, simply wait for a pullback and look for sell opportunity between 1.124 and 1.126.
Among all the major currencies, the euro is certainly fundamentally weak which is caused by the ECB signalling to introduce QE or cut the rate deeper into negative zone.
In this week, simply wait for a pullback and look for sell opportunity between 1.124 and 1.126.
Among all the major currencies, the euro is certainly fundamentally weak which is caused by the ECB signalling to introduce QE or cut the rate deeper into negative zone.
