These pairs move opposite to each other and today we see a sign of a reversal starting. Many traders have a strategy of trading these simultaneously, a profitable trading strategy for sure..
Note the long wicks on today's candles, certainly there will be a reversal in coming days.
The Eurusd pair has moved a long way from the low in a few hours.
Note the long wicks on today's candles, certainly there will be a reversal in coming days.
The Eurusd pair has moved a long way from the low in a few hours.