Hello all,
Eurusd has been forming a consolidation waiting for directions. I forecast that this week is the week and today, we will see some big movement. New directions.
Anyway, today there are some figures releasing for Euro zone, one important figure is German ZEW. We are also expecting US fig tonight.
Right now, eurusd is trapped within 1.2800 - 1.2990. This is quite a big range. Right now, eurusd is trading near the top. I have entered short around 1.2960 with 35 pips SL. As for target wise, I am looking at 1st support level at 1.2900 and 2nd support at 1.2800. I will assess market from there.
too many data day aaron. i prefer to sit out till the data filters through.
ReplyDeleteJust short eurusd again at 1.3000 with 25 pips SL. TArget exit remains as mentioned.
ReplyDelete