Markets disappointed with President Trump's speech. From the economic pesrpective there were no hints what he will do that traders were expecting a stronger speech. That may bring uncertainty to markets which may boost gold prices but also EUR may force DXY down to 100 and below. I will take this trade when price bounces from DXY 100 and goes down the once resistance now support (My belief) 1.07 level. If EUR breaks the 1.07196, there is a strong resistance at 1.074 where I shall close the trade.
If everything goes on my side will open a long position at 1.07 expecting a more sharp up move. Noting that many finance experts telling EURUSD will see 1.000, EUR may suprise everybody.
If everything goes on my side will open a long position at 1.07 expecting a more sharp up move. Noting that many finance experts telling EURUSD will see 1.000, EUR may suprise everybody.