The
#eurusdt pair does a decent job at tracking the
#EURUSD fx rate on the daily level, while the hourly slippage due to low volume makes it difficult to trade.
But sometimes even slippage has interesting structure and I can make case for 3 waves down retracing exactly 0.618, after 5 wave up in
#Elliottwave term.
$EUR holders who are planning a visit in the dollar region in the next few months might want to start thinking about the exchange as I think the
#euro is in a structural uptrend against the
#dollar eyeing 1.16 and potentially 1.2+.
One can opportunistically put some small buy orders below current price to capture potential slippage.