If presidential elections in France are won by supporters of Frexit, euro can open with a gap down, with further movement down to support level.
Comment
⋅
Comment
⋅
Order cancelled
⋅
There was no good price for either buying or selling. A large stop in 100 pips (1000 micropips) provides a small profit factor. If the elections in France are favorable for the EU, the euro can sell: buy on the rumor, sell on the facts. Breakthrough is also not excluded, but the level of resistance is ahead. Is it worth hurry? If elections are not favorable for the EU, there will be an impulse down. But the impulse is unlikely to provide a good profit factor with a large stop.