Not sure if the German ZEW is a game changer. But the EU and USDi are excited. Not sure if this will change the prevailing H&S trends. US retail might tip the balance if a miraculous figure comes in tonight - but the underlying probelms remain well known.
EU was working up to the inverted H&S pattern with a 1.291 neckline, so it shows you how equal and opposite these 2 are at the moment.
I forgot I placed a short limit order at 1.29 on the EU, so will let it play out for now. Went long gold this morning on the USDi H&S.
Am not sure either will work out tonight so will see.
