Below you will find pages that utilize the taxonomy term “Euro”
Blow chunks, suck donkey dick, or whatever metaphor you want to use if it breaks through and closes below $1.35. Could it be temporary? I don't know but the daily chart (not shown in this post) already shows the 50 DMA below the 200 DMA and gaining traction.
The weekly chart has the 50 WMA awfully close to the 200 WMA and getting closer.
I just closed out my second carry trade experiment and it was both lucrative and hair raising at the same time.Â I went long AUDUSD, EURUSD, and XAUUSD in several positions and once again it was XAUUSD that saved my ass.Â My aggregate loss for AUDUSD and EURUSD was about 100 pips each but my win for XAUUSD was 3100 pips.Â When I closed my positions I madeÂ a net profit of about $11 but that was after weathering aÂ $60 drawdown, whichÂ completely wiped out this year's gains on paper.