EUR/USD December Déjà vu?
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EUR/USD December Déjà vu?

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Chart Prepared by Jamie Saettele, CMT

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-There is no change to the EUR/USD daily analysis other than noting that this December might end up similar to last December! "The action at the trendline could be a 'fake-out' that results in a broader reversal…One reason to suspect that the drop under the trendline was a trap is that USD/CHF poked to new trend highs and reversed on Wednesday while EUR/USD held the low. This non-confirmation of USD strength warns of a more important inflection point."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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