The trading week finished with a further attack against the US Dollar, reversing a short-lived strenghening of the US Dollar that could be observed during the last two days.If you take a look at a 360min chart of the EUR/USD Future, you can see that the short-term correction has not done any damage to the bullish EUR/USD picture. The line of least resistance is safely pointing to the upside, predicting higher prices in the near future, which means a lower US Dollar. (more)
No comments:
Post a Comment