EUR Still Strong

27 thg 7, 2020

Looking at what happened overnight, it seems that the pair is picking up where it left off last week. Everything is up against the US dollar with no end in sight for now. The calendar looks fairly busy this week but only durable goods for the US today ,so most likely not much of a concern. Still waiting for a decision about stimulus for the US which will move markets in one way or another. Looking at the higher timeframes, price seems to be overextended right now so I'm looking to continue to buy dips until I see a clear sign of reversal.