Is a EUR/USD reversal on the cards? (Nov. 16, 2022)

Has the EUR?USD ran too far too fast? Holding on (or falling) at the resistance level (ca 1.04) will be very telling for the next sessions. In any case, EUR/USD’s correlation with the other risk assets has been very positive lately.

Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for!