Europe’s backbone is getting hurt.
This could take us down to 1.1680 or even all the way to 1.1550 if we can confirm the 1.1760 break.Crosses are getting dumped in a equal fashion. I’m short Euros ( EURUSD and some crosses)as the news hit the wires , 1.1780S equivalent, stop 1.1830 equivalent.
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Yap I was happy with my eurchf shorts. Except one, I closed all the others, it’s a nice start 😉
Very nice indeed Stéphane, I hit the Euro as the news hit the wires too. Was already a bit short EURGBP from Friday , added EURUSD and EURJPY (bought that one back for 0.5%). I don’t think the market was prepared for the talks to blow up.
This is putting pressure on Europe’s backbone for sure.