EUR/USD continues to pullback as the dip i commodities deepens. Oli has fallen nearly $3 dollars from intraday highs and gold has pullback a tad, now at $1003.50.
EUR/USD dipped briefly to the 1.4555 area as the Coast Guard “shots fired” on the Potomac story made the rounds. A break back below that area could see the 1.4500 area retested. The deeper we pullback from 1.4615 ( the 61.8% Fibo discussed earlier), the more likely medium-term specs are to book profits on longs. We trade now at 1.4562.
