It looks like the euro is in significant trouble. Find out how to trade the EURUSD pair this week.
The euro initially tried to rally last week but found enough selling pressure to turn things around and form an invertedAt this point, it looks like the euro is in significant trouble
Rallies at this point are not to be trusted, at least not until we can break above the 1.12 level, something that we are nowhere near doing at the moment.The Australian dollar initially tried to rally last week but then fell apart to break below the 0.73 level without too many issues. At this point, the market looks as if it is ready to go much lower, perhaps looking to get down to the 0.70 level. This is a simple continuation of the negativity that we had seen for some time, with the 0.
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