We all know the French Elections are coming up, technically speaking, the Eur/Usd is on a breakout to the upside.
I expect we can see it continue to rise, but will ultimately get rejected again once it brushes up against the 200 day MA (red line). I'll be long until that point, and will look to enter a short position after.
SL for this particular idea would be the 1.0585 area.
I expect we can see it continue to rise, but will ultimately get rejected again once it brushes up against the 200 day MA (red line). I'll be long until that point, and will look to enter a short position after.
SL for this particular idea would be the 1.0585 area.
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