It’s all about EUR

Review: It’s all about EUR EURUSD: Right now everybody is talking about EUR. EUR was the main theme in all overnight market comments. This strong focus on EUR is a reminder that investors should begin to be ‘cautiously sceptical’. Today’s chart illustrates that EURUSD is nearing the upper part of the so-called wedge formation. The highest trade today was at 134.04, which is only 15 pips away from the important point of resistance at 134.19. The level at 134.19 amounts to 61.8% of the movement

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It’s all about EUR