Good morning everyone,
Yesterday no trade was done. With the current situation as European leaders still could not come to agreement with the current debt crisis, we are looking at eurusd to consolidate further. Consolidation range is with 1.3650 - 1.3900.
Today, I reckon that eurusd will continue to fall to 1.3650. I am looking to pick long at this level and SL around 40 pips. Target exit is around 1.3850.
Be cautious if eurusd breaks below 1.3650 as this will be a confirmation of a downtrend.
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