Good morning everyone,
Yesterday, euro was hit with some bad fundamentals and eurusd fell 300 pips. Finally reaching my target bottom for the week. I do favour eurusd retracing higher back to 1.4250 regions after hitting this bottom.
Today, I reckon that eurusd may stay sideway until tonight US fundamental news. With a view that eurusd will trade higher. Therefore, without breaking support at 1.4050, good to pick long but abandon long views if eurusd breaks below 1.4050.
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