Expect choppy or muted movement:
1.A reason for EUR to rise (inflation)
2.A reason for EUR to fall (jobs)
Waiting till price settles but I’m looking for a short position going into the new week.
Given both are +0.1% above expectations, hang back a couple of hours Wait for Eurozone banks to close for the day. If price remains below 1.16134 until the banks close I will be 95% taking a short trade with 30 to 40 pips stop loss and targeting 1.1516-1.1500. If you like the idea, drop a like & share
1.A reason for EUR to rise (inflation)
2.A reason for EUR to fall (jobs)
Waiting till price settles but I’m looking for a short position going into the new week.
Given both are +0.1% above expectations, hang back a couple of hours Wait for Eurozone banks to close for the day. If price remains below 1.16134 until the banks close I will be 95% taking a short trade with 30 to 40 pips stop loss and targeting 1.1516-1.1500. If you like the idea, drop a like & share
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.