Sellers fast approaching !!!!!!
So right now there are a few reasons why we like the look of this as mentioned a few days earlier , please refer to previous post for more info ,
1. The Euro has enjoyed some bullish activity in the wake of the election news so far
2. This has popped its head above the trend line resistance, but has serious key levels to contend with.
3. The 0.5 fib retracement is holding on for now, and the closer we get to 1.10 the stronger the bids are.
4. Mr. Donald is to announce today his tax plans which the Dollar bulls are getting excited about , USD/JPY is taking back good levels , and momentum is turning.
So we will short this nearer the 0.5 fib line and watch .
Good luck guys !!!!!
1. The Euro has enjoyed some bullish activity in the wake of the election news so far
2. This has popped its head above the trend line resistance, but has serious key levels to contend with.
3. The 0.5 fib retracement is holding on for now, and the closer we get to 1.10 the stronger the bids are.
4. Mr. Donald is to announce today his tax plans which the Dollar bulls are getting excited about , USD/JPY is taking back good levels , and momentum is turning.
So we will short this nearer the 0.5 fib line and watch .
Good luck guys !!!!!
Trade ativo:
Filled @ 1.0910
Stay tuned
Stay tuned
Stay tuned !!!!