EUR/USD – follow
me on twitter @fxdailyforecast and stocktwits.com/fxg
We are still in the AB swing with price having bounced
off the 382 yesterday. We are still in no man’s land on this pair.
FOR TODAY:
We will wait for a retracement down to the 618/786 of
this swing followed by a bullish cs formation for a long trade set-up.
A sustained break of 2442 negates this view and continues
the uptrend.
If we don’t get the setup we are looking for then we don’t
trade.
SHORT: WILL
ONLY BE GOING SHORT IF:
No short trade setups during the retracement, the trend
is up.
If we don’t get the setup we are looking for then we
don’t trade.
LONG: WILL ONLY
BE GOING LONG TODAY IF
We will wait for a retracement down to the 618/786
followed by bullish cs formations for a long trade setup.
If we don’t get the setup we are looking for then we
don’t trade.
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