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EURo awaiting data

Eur is hanging around the 1.35 level waiting for tomorrows data releases
What traders are thinking is it will fall on comments made by Draghi
The situation in Europe has come under questioning again because of market weakness -
Usd has had a lot of bad data lately, and the pound has been bleeding too
It looks like it is time Euro gets hit too
There is a lot of technical analysis going around that points to a Euro plummet
I like the 1.3360 area to hold any fall,
and to me this would be a great TP…
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Fresh short position

One pro post about forex trading!
Finally at H1 chart EURUSD break below an ascending trend-line support near 1.3560. Traders should look for opportunity to initiate fresh short position for a downside momentum towards 1.3510-1.3505 zone.
However, any up-move beyond 1.3575 would probably negate the expected momentum and hence should be considered as stop-loss for the trade.
What you will do? I go short right now!
Happy trading day!
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harpe avatar
harpe 10 Oct.

The pair is now trimming initial losses.

agddivisas avatar
agddivisas 10 Oct.

Good Analysis!

ilonalt avatar
ilonalt 11 Oct.

i'm also selling it

seediee avatar
seediee 11 Oct.

Good! then we all took some profit! yeah! :)

sonjatrader avatar

good forecast

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