Hey tradomaniacs,
the chart basically shows my current concern about the recent breakout.
Correlations aswell as fundamentals do not make sense here especially since YIELDS are exploding which is very good for the USD.
ECB still pretty dovish in terms of interest-rates while FED does everything to fight inglation.
I expect EUR/USD to drop sharply after this move!
Let`s see what happens! =)
the chart basically shows my current concern about the recent breakout.
Correlations aswell as fundamentals do not make sense here especially since YIELDS are exploding which is very good for the USD.
ECB still pretty dovish in terms of interest-rates while FED does everything to fight inglation.
I expect EUR/USD to drop sharply after this move!
Let`s see what happens! =)