EUR/USD
Price rallied during Asia and took out the B high, after a rather sideways day yesterday. We need a decent swing high to draw fibs from, which we don’t have as yet. We will continue to wait for a decent A high.
SHORT: WILL ONLY BE GOING SHORT IF:
We need a BF786 to short, we barely have a B, will wait to get a B high during the day.
LONG: WILL ONLY BE GOING LONG TODAY IF:
We need price down at the 618/786 and a bullish cs formation for a long trade. That’s a long way off for now.
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