Technical analysis: This might be one of the most beautiful elliot impulse waves ive ever seen, textbook. All indicators are off the charts over bought, the mass psychology of the herd realizes the short is here and this monday we should see a serious drop probably all the way to the 0.618 level.
Fundamental analysis: I believe the government shutdown exaggerated the strength of the euro recently and we can see this in a lot of pairs. Things are back to normal now in american politics so i see the dollar fighting back and pushing this pair into a proper retracement.
Fundamental analysis: I believe the government shutdown exaggerated the strength of the euro recently and we can see this in a lot of pairs. Things are back to normal now in american politics so i see the dollar fighting back and pushing this pair into a proper retracement.