Well the EURUSD looked like it was heading far lower until the Whitehouse announced possible tariff's for steel and aluminium imports. Immediately the USD came under pressure and the EUR made a strong rally on decent volume. It looks preety certain that 1.215 is now a floor in the market and that the pair will aim for the highs and above - probably around 1.27 in the course of the month or so.
Translate to English Show original