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The Euro Rally Will Have To Wait

The Euro Rally Will Have To Wait

October 31, 2017

The euro found a peak in September when it traded at over $1.20 against the U.S. dollar and last week ECB President Mario Draghi disappointed markets with a dovish approach to monetary policy causing a bearish key reversal trading pattern on the daily chart in the euro versus dollar currency relationship. In my latest article for Seeking Alpha, I explain why I believe we have seen the high in the euro for 2017 and why a higher high will come in 2018.

Article: The Euro Rally Will Have To Wait

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