Euro is trying to decide wherther to break out upwards against the USD or continue its recent downtrend. A beutiful congestion pattern is forming the resolution of which may happen this week, leading to some large moves.
I do not try to predict the markets. This blog is made for my fun and to note my musings like a diary. I trade actively and this blog is not trying to promote my services as I trade for myself only.
Those acting in the market on the basis of this blog are themselves responsible for any profits or losses that might occur, without recourse to me. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.