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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