I am thinking of shorting EURUSD this week.
The Euro Area show us small growth in GDP.
France and Germany try to avoid recession somehow.
Austria showed no growth and Italy & Cyprus contracted by 0.1 percent.
When key members like Germany and France growth declines EU brakes apart.
Meanwhile the USDollar is strengthen.
Good entry is at 1.255-1.26.
SL 1.276
TP1 1.23
TP2 1.22
Watch out for key events this week.
November, 17th 2014ECB President Draghi's Speech
November, 18th 2014 EUR and GER Zew Economic Sentiment Index
November, 20th 2014 EUR Consumer Confidence
The Euro Area show us small growth in GDP.
France and Germany try to avoid recession somehow.
Austria showed no growth and Italy & Cyprus contracted by 0.1 percent.
When key members like Germany and France growth declines EU brakes apart.
Meanwhile the USDollar is strengthen.
Good entry is at 1.255-1.26.
SL 1.276
TP1 1.23
TP2 1.22
Watch out for key events this week.
November, 17th 2014ECB President Draghi's Speech
November, 18th 2014 EUR and GER Zew Economic Sentiment Index
November, 20th 2014 EUR Consumer Confidence
