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  • Forex: Top FX Headlines: EUR/USD Topping Potential Good News for DXY Index: 8/17/17

Forex: Top FX Headlines: EUR/USD Topping Potential Good News for DXY Index: 8/17/17

By on August 2, 2020 0 26 Views
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– The Euro is coming off of extreme bullish sentiment readings, which suggest that buyers are exhausted and profit taking is due.
– A move in EUR/USD below 1.1700 would increase the likelihood of a DXY Index break above 94.29, the July 26 outside engulfing bar.

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