China is US' 2nd biggest trading partner after EU and watch what is happening with Dollar vs Yuan...dollar running through no volume zone, no liquidity to stop the fall. I marked where is next major support.
Turnover between US and EU is not so different as that is with China.
List of the largest trading partners of the United States
1 European Union 717,902
2 China 635,364
Sell dollar rallies on USDXXX pairs...
Buy XXXUSD rallies...Eurusd is likely to hit 1.22.
Turnover between US and EU is not so different as that is with China.
List of the largest trading partners of the United States
1 European Union 717,902
2 China 635,364
Sell dollar rallies on USDXXX pairs...
Buy XXXUSD rallies...Eurusd is likely to hit 1.22.
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