ridethepig

ridethepig | EUR Market Commentary 2020.06.03

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ridethepig アップデート済   
FX:EURUSD   ユーロ/米ドル
EURUSD exploding to the topside as USD comes under further pressure from domestic issues. While I am bullish on the euro more broadly, these latest moves are starting to look stretched above 1.12xx given all the cards that are on the table.


Well done all bulls riding what has been so fat a very fast move; we are coming to the end of this initial ‘expectation leg’ around debt mutualisation of the block. Official confirmation coming later today will mark an end of this chapter and unlock a quick pullback for the next ‘fact’ leg which should be bought. On the technical side, tracking closely the 1.104x support as the next loading zone for bulls looking to ride the swings towards 1.15 and 1.20.

🔑 Remember markets trade expectations first and then facts later.

コメント:
Insane moves keep coming from Europe... we might be able to complete the highs with NFP
コメント:
トレード終了: 利益確定目標に到達

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