Young bear

We just hit the upper quarter channel and this pair is still over extended on daily and weekly basis. There is a potential for a long term play with a young bear that will take us down to the 1.50 area. There is a similar behavior on the EURNZD.
I am still working on the EURCHF as stated on the link to related idea.
Good luck and trade safe.

Wonton Group Investment Co.
OscillatorsPitchforks

Also on:

Related publications

Disclaimer