EURUSD and S&P; 500 Primed for Volatility, Breakouts Post EU Summit

Over the past few weeks, we have seen a definitive and momentous risk appetite trend develop. However, the sustainability of the climb for EURUSD, AUDUSD, S&P; 500 and other sensitive assets has always been cast in doubt. Now, we have come to the most influential fundamental catalyst the markets have seen in months with the upcoming conclusion to the EU Summit. With so many key Euro pairs and risk benchmarks threatening key breakouts, there is plenty of trade potential. We go over the likely scenario for the upcoming event risk while also discussing the short-term and longer-term impact associated with the outcomes.