FinancialMarkets Forex Trading Strategies 22 : Short EURUSD back down to 1.11
Forex Trading Strategies 22 : Short EURUSD to 1.11 now. Here's my Forex Signal on the EURUSD, I usually focus on the dollar index and trade related currency pairs like EURUSD, XAUUSD
I can't believe EURUSD went up so much so suddenly the week before. I really didn't expect this, as the Dollar was poised to to rise.
Most of the move came as a result of the ECB talking about interest raise hikes in December 2023 which is many many months away, so I think this sudden jump is not justified.
For now I expect to see EURUSD head back down to 1.11 and possibly lower.
Currency
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