Like we said yesterday, the downside move on EURUSD is still valid and we're expecting it to continue once the pullback is over.
The momentum is strong which means that it's still early to look for short positions.
Seeing a possible rejection it's possible but not for long. Then we might see price reaching the 1,1350 level, but we won't look for buys.
Tomorrow we have ECB Interest Rate decision and also NFP on Friday.
We DON'T recommend trading EURUSD right now, and we're looking at the rest of the instruments.
The momentum is strong which means that it's still early to look for short positions.
Seeing a possible rejection it's possible but not for long. Then we might see price reaching the 1,1350 level, but we won't look for buys.
Tomorrow we have ECB Interest Rate decision and also NFP on Friday.
We DON'T recommend trading EURUSD right now, and we're looking at the rest of the instruments.
Comment:
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