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Jim Wyckoff

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Euro currency trending higher

November 22, 2022 by Jim Wyckoff

The Euro currency futures market has made a solid rebound from the September low and prices are presently in a seven-week-old uptrend on the daily bar chart. The path of least resistance for Euro prices is sideways to higher and the bulls have the near-term technical advantage. Importantly, technicals now suggest the major currencies have put in major market bottoms, while at the same time the U.S. dollar index has put in a major market top. Stay tuned! Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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