RE: EUR / USD hitting critical resistance

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EUR / USD hitting critical resistance

in the50 •  7 years ago 

I think we are in for a head fake up and then back into the range. As crazy as the USD is (printed like crazy) the EUR offers the same craziness. I am looking to sell the top of the head fake which I believe will be around 1.16 and leave myself a little wiggle room for it to move up to 1.17. I will follow to see what you do next my friend. Have a good day.

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good strategy, as the chance of the euro coming down again above 1.17 are pretty low.