Eu predication daily

Eu still holding on long but not trading at the moment on this because it's not got a clear move signal for me So, I think should wait for clear sign. looks like still in range 1.3012 to 1.31 not anticipating for a big break. may 1.2984 is good support for today. Based on 4hrs chart I expect eu breakout of 1.3080 market should push it higher 1.3120 then i can see one more big bull move 1.3150. Other hand breakout of 1.3040 go lower continue to 1.3010 - 1.3 even more. We might expect volatility to increase as we track the ECB rate decision on Thursday and NFP on Friday remain in focus this week in the approach to the Federal Reserve’s next policy meeting later in June.

Comments

Popular Posts