EURUSD (1.2309)
Trend: Upward
Support/Resistance: 1.2250 - 1.2390
The key moment from the start of the new business week are followed for 10:00 AM ET - ISM Services as the expectations are for negative data compare with the prior month.
As overall the good days for the dollar are over. Slowly but sure the dollar will continue to lose pips against the Euro.
Our trading strategy for day traders is to open long positions as soon as possible. Also for the long-term investors the trading idea is long positions with target above 1.25 this or latest next week.
Trend: Upward
Support/Resistance: 1.2250 - 1.2390
The key moment from the start of the new business week are followed for 10:00 AM ET - ISM Services as the expectations are for negative data compare with the prior month.
As overall the good days for the dollar are over. Slowly but sure the dollar will continue to lose pips against the Euro.
Our trading strategy for day traders is to open long positions as soon as possible. Also for the long-term investors the trading idea is long positions with target above 1.25 this or latest next week.
