FUNTRADER-Vera

2110 P7/8 EURUSD will wait for signals for a correction this wk

FX:EURUSD   Euro / U.S. Dollar
EURUSD is not on our buy order list for now after its breaking through red trend line and rally up almost 300 pips in the last few weeks.
Becoz the entry for new buyers is not so good.
We are preferring to see a correction from the blue resistance zone now.
The correction is looking good for 160-260 pips, depending which waves way ( green or red ) it want to go alone.

Still this is not a signal to sell EURUSD yet.
We are still waiting for signals for entry later after Thursday, EBC deposit rate and refinancing rate decision.

GOOD LUCK !!!
LESS IS MORE!!

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