The Euro turned lower against the US Dollar after hitting the highest level since January 2015 as expected, with prices breaking the one-month rising trend.
This mean we could have an opportunity for a short position with targets at the 0.38 fib mark possibly going to the 0.61 mark. I would place stops around the 1.19 price.
This mean we could have an opportunity for a short position with targets at the 0.38 fib mark possibly going to the 0.61 mark. I would place stops around the 1.19 price.