Hello,
interesting setup with the commodities (ex agriculture) as EUR/USD seem to be breaking the support and potentially keep digging the hole lower.
EUR/USD and commodities seem to have a pretty decent inverse relationship - EUR/USD down, commodities UP, and vice versa.
EUR/USD retest and fail at ~1.08 could potentially be bullish for commodities. Either ways, I'm looking to add up some commodities to my portfolio this week.
Happy gold hunting!
-A.O.T
interesting setup with the commodities (ex agriculture) as EUR/USD seem to be breaking the support and potentially keep digging the hole lower.
EUR/USD and commodities seem to have a pretty decent inverse relationship - EUR/USD down, commodities UP, and vice versa.
EUR/USD retest and fail at ~1.08 could potentially be bullish for commodities. Either ways, I'm looking to add up some commodities to my portfolio this week.
Happy gold hunting!
-A.O.T