Fundamentally, i am seeing good reason right now to buy the Euro, we are seeing great EZ data, and inflation is picking up. It seems very well supported, every dip is beeing bought in.
Bulls are showing strong hands, and i personally believe that we will see a test of 1.10 rather sooner than later.
I would like to buy a dip around 1.09 with a stop around 1.0850 targeting this move to 1.10.
NFP tomorrow is of course a big risk event, but if i get an entry before the NFP i may even take it, but with an 1/2 position size, because of the volatility risk.
Blessings to you all and thank you for following.
Bulls are showing strong hands, and i personally believe that we will see a test of 1.10 rather sooner than later.
I would like to buy a dip around 1.09 with a stop around 1.0850 targeting this move to 1.10.
NFP tomorrow is of course a big risk event, but if i get an entry before the NFP i may even take it, but with an 1/2 position size, because of the volatility risk.
Blessings to you all and thank you for following.
Comment:
Unlucky did not get a fill on this idea because it turned a little bit too high for me to enter.