Kiss of death or foreplay?
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The Euro is kissing the 55 MA on the daily chart, its under all of its major moving averages and it looks really bullish ngl. I have a feeling that wall street wouldn't hand this play on a silver platter like this.
If we do pop to the upside I am looking to short at 1.08. There is a lot of room for the down side.
Side note, how did the bond market not crash the market yet/ break something in the economy? If something is broken in the economy, wouldn't Jerome start to cut? WRONG, inflation is here to stay ladies ;)
If we do pop to the upside I am looking to short at 1.08. There is a lot of room for the down side.
Side note, how did the bond market not crash the market yet/ break something in the economy? If something is broken in the economy, wouldn't Jerome start to cut? WRONG, inflation is here to stay ladies ;)
Note
Three Kisses on the 55 MA?????????Still no decision made yet on market direction, I do always remember hearing that the more price gets "rejected" or "touches the trend line" the more likely it is to break it. Good luck yawl.
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3 kisses and we broke, to 1.14 we go!
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