Blake Morrow
Chief Currency Strategist, Wizetrade
Disclaimer: I am short equities via an ETF
False breakout (upside) led to breakdown on the E-mini futures. Range extension targets will be 1790-1775 sometime into next week.
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- AUD/NZD probing a 5+ year trend line – Pipczar on AUD/NZD facing some stiff long term resistance
- Blake Morrow on EUR/USD sitting on critical support
- Lee Grindinger on EUR/USD sitting on critical support
- EUR/USD on the cusp of a major retracement | Pipczar on EUR/USD nearing major resistance
- EUR/GBP may find near term resistance | Pipczar on EUR/GBP snaps multi-year trend line
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Back to 1750 we go. Tailwind from tapering and overall tightening bias at the fed means limit upside support.