hardkandy

Weekly EURUSD - Not looking too good?

Short
hardkandy Updated   
FX:EURUSD   Euro / U.S. Dollar
euro is just about to break a neckline on a daily head and shoulders. Is bouncing off of the weekly trend line. euro is already not looking to great economically and the usd is doing everything they can to make export import markets as choppy as possible. Reinforcing any doubts that the euro export market has slown down.
Comment:
Also have a look at the Fall in the DAX compared to the S&P.. weighting is pretty 1 sided at the moment..
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