DollarsNSense
Long

DIPPING INTO BUY ZONE

OANDA:EURUSD   Euro / U.S. Dollar
It was ALL happening when you look at yesterday's EUR/USD Chart but setups were few and far between. The only REAL opportunity came with a DP double cross that followed the MP test I thought was a good prospect. I placed the order which netted a BE trade before the explosion took place and EUR/USD landed in another Zipcode. Thus far today, the pair continued upside momentum but failed to sustain buying above WP and DP is now beckoning price, some 20 pips below current level. I'm not going to pretend that this NFP Eve is going to feature an early entry but I suspect patience will be rewarded if the market is allowed to find its way - and it will. My Bullish bias continues and a DP test is what I seek, before looking Long. Have a great weekend.

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