Buying not giving up...Shorts not working
The EURUSD is trading at new session highs at 1.0956. Getting closer to 1.1000. The 50% at 1.1016 The 200 day and 100 day MA at 1.1035 and 1.1059.
The pair steps higher with BIG steps. The pairs range for the day is now 438 pips
Stocks are also trading at new lows with the Nasdaq down -102 points or 2% and the S&P down 1.59% to 2046- down 33 points on the day. The Dow is now down 270 points Selling is accelerating. The S&P is back below the 200 day MA
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.
