With the dollar devaluing, there are a lot of trades in-play here across the board. We are about to see the EURO break out of the mirror level which has previously acted as both support & resistance - In which we will push for the 1.13 - 1.14 levels.
Please like & follow for the support.
Yours Sincerely,
Anon. Scholar
Please like & follow for the support.
Yours Sincerely,
Anon. Scholar
Komentarz:
Dollar is looking to re-gain some value this week as China announced a 50 basis point cut to its Reserve Requirement Ratio (RRR) on New Year's Day, unleashing over $100 billion in liquidity.