No change on EURUSD
EURUSD is still above 1,06 but there is no change in expected move.
Movements in commodity currencies are definitely better and we expect them to continue.
This morning we saw monetary policy tightening by the BOJ and that caused major volatility.
The first target on EURUSD remains unchanged- at 1,058. Breakout of the previous lows will confirm the reversal of the trend.
Movements in commodity currencies are definitely better and we expect them to continue.
This morning we saw monetary policy tightening by the BOJ and that caused major volatility.
The first target on EURUSD remains unchanged- at 1,058. Breakout of the previous lows will confirm the reversal of the trend.
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