From the technical viewpoint, we see a breakout and retest of the zone at 108.50.
The retest is exactly at 50% fibo level.
Fundamentally, there are news expected this week from German inflation and the ECB President's speech. All these are expected to be positive from our analysis which means we expect EURO index to keep pushing high
The retest is exactly at 50% fibo level.
Fundamentally, there are news expected this week from German inflation and the ECB President's speech. All these are expected to be positive from our analysis which means we expect EURO index to keep pushing high