EUR / USD to trend higher since the ECB is still way behind the FED on rates?
EUR / USD: the pullback over the previous four trading days seems corrective from the +2.6% 30-day increase; the break above the 0.9820 level could provide a solid floor and potentially may have triggered a bull market signal; provided price can remain above the key support at 0.9820 the prospects for an advance towards the 1.02s cannot be ruled out over the short term (5 to 26 days).
Not investment advice. Past performance is not indicative of future results.
EUR / USD: the pullback over the previous four trading days seems corrective from the +2.6% 30-day increase; the break above the 0.9820 level could provide a solid floor and potentially may have triggered a bull market signal; provided price can remain above the key support at 0.9820 the prospects for an advance towards the 1.02s cannot be ruled out over the short term (5 to 26 days).
Not investment advice. Past performance is not indicative of future results.