Using my crystal ball…Perhaps we get some dovish commentary from the Fed’s Yellen and Dudley tomorrow. Maybe payrolls will be close to expectations (suggesting no dramatic downshift in US growth…)
In that case, maybe we get a few days of 1.45/1.47…
Then what would we have? A perfect head and shoulders top with a subsequent break of 1.4500 yielding 1.4000!
That’s my hairy-assed guess for the next few days… Nite, all!