EUR/USD.
We hit a major ceiling just shy of 1.3000.
Almost 300-pts down now, current market @ 1.2719.
Would like fx traders to post their views on this.
Unlike some have thought, AFTER the Fed paused interest rate hikes, the dollar did NOT implode, but actually strengthened 3-cents.
I see no reason why we cannot tumble to 1.20.
Thoughts?
dRaWdOwN
<img src=http://elitetrader.com/vb/attachment.php?s=&postid=1164391>
We hit a major ceiling just shy of 1.3000.
Almost 300-pts down now, current market @ 1.2719.
Would like fx traders to post their views on this.
Unlike some have thought, AFTER the Fed paused interest rate hikes, the dollar did NOT implode, but actually strengthened 3-cents.
I see no reason why we cannot tumble to 1.20.
Thoughts?
dRaWdOwN
<img src=http://elitetrader.com/vb/attachment.php?s=&postid=1164391>