EUR/USD – Big Time Bounce or Place to Sell?
The summer definitely was not kind to the EUR/USD as pressure in Europe combined with a strong overall USD spelled a continuous selloff for the pair. While the pair pretty much closed at its lows on Friday, it shot back today as traders covered their shorts and took profits causing the EUR to have a move all the way back above 1.2650.
So when can I sell the EURUSD?
Thank you.
