EUR/USD – follow
me on twitter @fxdailyforecast and stocktwits.com/fxg
Price fell yesterday to give us the test and then found
support to rally from there.
FOR TODAY:
We need to break 2305 to continue up, we will look to buy
after a dip followed by a bullish cs formation for a long trade setup. Else
failure circa 2316 points to a move lower down towards 2160.
If we don’t get the setup we are looking for then we don’t
trade.
SHORT: WILL
ONLY BE GOING SHORT IF:
We will enter short trades if we get a bearish cs
formation circa 2300/16 with limits down at the A low.
If we don’t get the setup we are looking for then we
don’t trade.
LONG: WILL ONLY
BE GOING LONG TODAY IF
Long trades can be considered if we get a dip followed by
a bullish cs formation, preferably after a bit of a fall.
If we don’t get the setup we are looking for then we
don’t trade.
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