EURUSD before ECB
Yesterday we saw 150 pips decline in EURUSD.
Interest rates are due to be announced today and we expect to see another movement.
We’re looking at sell options as we watch for pullback from 38,2 and 61,8 on yesterday’s drop.
The recommended entries are after the announcement and the press conference 30 minutes later.
A breakout of 1,0520 will confirm the downside move of both H1 and the larger timeframes.
Interest rates are due to be announced today and we expect to see another movement.
We’re looking at sell options as we watch for pullback from 38,2 and 61,8 on yesterday’s drop.
The recommended entries are after the announcement and the press conference 30 minutes later.
A breakout of 1,0520 will confirm the downside move of both H1 and the larger timeframes.
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