The euro recorded a low today just below $1.1035 with more risk to the downside.
I believe we still have the gap to fill (red lines) before we have any big bull moves which will coincide with some stimulus from the ECB.
For me consolidation as has been until we fill that gap and only then would I look at longs.
Sorry for the messy chart! :)
I believe we still have the gap to fill (red lines) before we have any big bull moves which will coincide with some stimulus from the ECB.
For me consolidation as has been until we fill that gap and only then would I look at longs.
Sorry for the messy chart! :)