Open trading account 
Yesterday came a lot of good economic data developing a beatiful downtrend that lasted all day with a 1600 pips movement of the pair EUR/USD.
The formula looks simple at the moment with bad news increasing the value of the EUR and bad ones increasing it. Lets see how long it last to continue being in this way.
Also good news for the GBP/USD but the opposite direction, it could be explained by the wave EUR/GBP which was expected to go down.
As you see, the same news with opposite directions. That is the magic of Economics we can explain everything with the same news no matter what happen, Economists always have an answer when the even has already finished but we are unable to predict what is going to happen.
Good luck!!
The formula looks simple at the moment with bad news increasing the value of the EUR and bad ones increasing it. Lets see how long it last to continue being in this way.
Also good news for the GBP/USD but the opposite direction, it could be explained by the wave EUR/GBP which was expected to go down.
As you see, the same news with opposite directions. That is the magic of Economics we can explain everything with the same news no matter what happen, Economists always have an answer when the even has already finished but we are unable to predict what is going to happen.
Good luck!!
