EUR/USD: At Risk of Bought Into Weakness on GE-US Yield Spread

In this video, Ivan Delgado, Head of Market Research at Global Prime, provides a walk-through of the latest price action in the EUR/USD 0.59% . 

Ivan highlights a potential buy-side opportunity may be developing in the pair should the German vs US bond yield spread keep the present structure. 

Ivan also touches on his personal step-by-step process to exploit divergences in price vs correlated instruments (in this case the yield spread).

Comment: The bottom got bought up quite aggressively as the bond yield spread held its structure and EUR/USD tested the origin of the ECB-led demand area.