EUR/USD retraces 61.8% of YTD rally and recovery begins
We had a close below the 50d SMA, and that is bearish; however, Wednesday’s oversold recovery, “hammer” like candle implies a bounce first.
Gl and remember this is only temporary, the euro is collapsing.
We had a close below the 50d SMA, and that is bearish; however, Wednesday’s oversold recovery, “hammer” like candle implies a bounce first.
Gl and remember this is only temporary, the euro is collapsing.
