After staying away from this pair yesterday, now I can see a clearer picture.
Every man, his dog and grandma were shorting the Euro at the Asian open yesterday, but that didn't crush the Euro and it rallied to fill the gap and took out many stops along the way but the rally was capped by the downward trendline and 50 SMA (4h) and Ichi cloud.
I reckon the Euro will head back down now given the Greek drama will continue to play out until Monday.
Short Entry 1.122 Stop Loss 1.13
Every man, his dog and grandma were shorting the Euro at the Asian open yesterday, but that didn't crush the Euro and it rallied to fill the gap and took out many stops along the way but the rally was capped by the downward trendline and 50 SMA (4h) and Ichi cloud.
I reckon the Euro will head back down now given the Greek drama will continue to play out until Monday.
Short Entry 1.122 Stop Loss 1.13
