Watch the Eur/usd! . . .

 

Watch The EUR/USD; Something’s Brewing!

eurusd

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As with GOLD yesterday, there are now indications that the EUR/USD is about to drop again.

Price is now in a volatile trigger or pivot area and the trend strength built up over the past several months has been eroded away.

A slight pull to the downside in price will likely cause the avalanche to start. With so much upside momentum dissipated, the previous major downtrend can reassert itself bringing prices downwards and taking out the lows of last March. – George

  • November 4, 2015