Is EUR/USD marching higher with “Three White Soldiers”? - Nicole Elliott

Nicole Elliott, Technical Analyst and Private Investor sees tough time for the US dollar ahead as she believes the Fed rate hike talk is overdone and the US dollar is overvalued.

To support her argument, Elliott points to “Three White Soldiers” - A bullish candlestick pattern on the EUR/USD weekly chart. She takes note of a potential bearish break on the USD/JPY weekly chart tomorrow and a false bullish break on the dollar index.

Listen to the full segment to know if the “Three White Soldiers” would end up pushing the EUR/USD pair to 1.10 handle.

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