Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
Any information provided here is only the personal opinion of the author.
Comment:
I do not see resistance here, more or less it is around 1.1920/30 intraday, but pa is very bullish atm. Common currency made another sharp reversal from 1.17 and this is dividing line on daily basis now. Once above bulls will try to push it higher, below and we will target 1.1420/30 levels.
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I offload longs above 1.1907 till 1.1914 due to reason that we did not touch 1.1840 lvl first, current support 1.1860 around.
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This is all cus I'm overall very skeptical about common currency as a currency with long and happy life ahead. Brexit is the first sign of weakness. In fact it is Germany and France, once they decide it is cheaper to run solo again, eurozone will disappear in a second and everything will be converted in DEM, the same way it was started in 1999.
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btw we are just 100 pips around it started :)))
