EUR is about to offer a great selling opportunity in days
EUR is fundamentally bearish currency due to all sorts of problems. It will turn down at some point.
Technically, there are no more clear levels to the upside, only the yellow Break of Structure near 1.556 This means there will likely be a significant spike above where we are now.
But I will not enter hastily. I also watch other charts and I would like SP500 to top in the Premium Zone between 0.5 and 0.8 Retracement. This needs to happen at roughly the same time. Both SP500 and EUR started to rally at roughly the same time, both shall die at the same time, also.
Technically, there are no more clear levels to the upside, only the yellow Break of Structure near 1.556 This means there will likely be a significant spike above where we are now.
But I will not enter hastily. I also watch other charts and I would like SP500 to top in the Premium Zone between 0.5 and 0.8 Retracement. This needs to happen at roughly the same time. Both SP500 and EUR started to rally at roughly the same time, both shall die at the same time, also.