Reply To: Potential short EURUSD as Risk OFF scenario plays out

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    Community Trading Group Administrator
    October 13, 2022 at 4:02 pm

    Initial Equity slide turns to a massive rally and a Risk ON scenario – So no trade today.
    Why? Because the trade was the EURUSD and to trade that we need to trade in the direction of the trend which in the case of the EURUSD is down so we needed a strong USD and the rapid change from Equities selling off to a rally in a very short time created a weak USD.