Remember, all of that palaver about…..

the EUR/USD breaking parity.

The circles in the chart below remind me when it was at various Oversold extremes.

That was the moment to Sell USD and Buy EUR.

Today, the financial media are talking about Europe being an interesting buy opportunity.

Today, doing so, is marginal.

January 11, 2023
by Rob Zdravevski
rob@karriasset.com.au