Hello everyone,
Good to see more people benefitted from my updates. Well, just remember, there is no 100% in trading. Sometimes we might make some losses but with proper control and management, we can minimise our losses and maximise our risk.
So this week, what are we looking at for eurusd?
Eurusd might be trapped in consolidation. Range between 1.4125 - 1.4400. Last week, eurusd already hit a high of 1.4305.
This week, if eurusd is still consolidation, we can trade in the channel. However, if market were to break the support at 1.4125, you may wish to turn short and market will test next support level at 1.3970.
There are high possibilities of eurusd to go lower, as euro currency may remain weak due to the Greek crisis.
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