Good morning everyone,
Sometimes when trading I will feel like going Aaaaarrrrrgggghhhh...
Esepcially cases like last night. When eurusd rose after Bernanke said that they may stimulate the economic growth.
Anyway, today trading is quite hard. Topside immediate resistance is at yesterday high around 1.3370 and 2nd resistance around 1.3410.
However support is at the current low right now1.3263.
I believe today, eurusd may do some swing. However, I will still favour picking a short, therefore, if eurusd failed to break the 1st resistance around 1.3370 and form a reversal, I will go for short, SL 50 pips. With target exit back to 1.3150.
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