The EURUSD Pair is one to expect some major movement as the market prepairs to open in the EUROZONE. Depending on how it opens, if on its down trend, it will be great for scalpers to cash in quick profits. On the upside however, this could as well test the 1.20400 level. How it opens is going to be critical to watch if it will breaks through the 1.19290 closed level of its current strong bullish candle we could see a potential of 1,110 pips. The down trend however has a daily 910 pip potentia movementl down to the 1.18400 level but as news contintues to surface that weakens the USD, in which the US Index is down 7.31%,it is more than likely to continue upward with minor to little retracement. If it breaks the support level of 1.18400 then we could very well see it drop to the 1.17149 level. But take note that the BULLS are currently running the show and don't plan on letting off their horns.
Daily Outcome: Long
Entry: 1.18999 Short
Daily Outcome: Long
Entry: 1.18999 Short