Interesting price action at these levels. Looks like we may continue to trade sideways for a bit, before a potential move to the upside. Let's see how this week plays out, and if the bulls can recapture key supports on the majors.
Commentaire:
Nice bounce off yesterday's low around 92.46. Sitting near major long-term support still. I expect bearishness in risk assets heading into month end, so if US markets lose short-term support, given both the geo-political and economic climate, we might see a return of King Dollar sooner than we think...
