EUR/USD Possibility

Been following EUR/USD on the way down since 1.22,
I believe the potential for a further drop to 1.15 area is likely however global trade tensions are having an interesting impact on dxy in the first half of Q3.

Keep an eye on global news and important and relevant comments on the Fed and The EU central bank.
look for the a suitable entry on EUR/USD coming down post NFP JULY6TH2018.

İşlem elle kapatılmış:

broken through resistance here now we look to short at 1.18500

İşlem aktif:

The market has given us another opportunity, moving in to next week, i suspect we will hug the purple line but ultimately move are way down to 1.15

Yorum:

We hugged the purple line pretty well, there was a lot of choppy action but price could get driven down here to the 1.15 mark that we are aiming for as DXY has been showing strength and The Fed are on track with the rate hikes,
Additionally BOE super Thursday is upon us and there is good volume in the market.
Ladies and Gentlemen place you bets.

Good Luck Traders