After reviewing the strength building on the dollar, it is clear to see the strong trends forming across the major currency pairs.
1.0500 is the next weekly/monthly directional target to the downside sitting almost 400 pips away.
We have a small amount of US and EU news heading into the final stages of this week. However we are looking at long term possible strong movements into fresh yearly lows for this pair.
1.0500 is the next weekly/monthly directional target to the downside sitting almost 400 pips away.
We have a small amount of US and EU news heading into the final stages of this week. However we are looking at long term possible strong movements into fresh yearly lows for this pair.