Entered couple of trades today based on bull trap on 30 minutes, however price action was slow and as such price consolidated in 30 pips range on both EURUSD and NZDUSD. Had to close EURUSD trade due to weekend leverage and tightened stop loss on NZDUSD. Was expecting some sell-off on both these pairs in New York session, but looks like majority of traders are out due to Valentine's Day.

Yesterday bullish move on EURUSD was somehow justified today after good 4th quarter preliminary GDP numbers from Germany, France and Italy. Looks like smart money preempted good numbers and bought EURUSD beforehand.

Based on my technical analysis, EURUSD has some more room to go up and strong fundamentals should also support strengthening of Euro in coming days. Have a nice weekend...........

A creative man is motivated by the desire to achieve, not by the desire to beat others

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