The Euro/Dollar is in a nice down trend although currently either the pair is in a correction phase or a bottom has bee found and a trend change is occurring.
Providing the dollar remains sidelined for the next week, I suspect by the time we get the next set of good US Data we may see the down trend remaining. My outlook will be to place a pending sell trade below the neckline.
Providing the dollar remains sidelined for the next week, I suspect by the time we get the next set of good US Data we may see the down trend remaining. My outlook will be to place a pending sell trade below the neckline.