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!