I would not dare long this pair. Volatility is expected. However, I will short if the candle close below the 50sma.
The iffy Feds, Trump's Mouth and China being hacked off can contribute to an unstable trading environment (coorelated to DXY).
I am bullish DXY which gives me conclusion EURUSD is more likely headed for another leg down, but not without a fight.
Don't Trust Anything. Let it Prove itself.
Sitting on cash is a valid TRADE.
GL
The iffy Feds, Trump's Mouth and China being hacked off can contribute to an unstable trading environment (coorelated to DXY).
I am bullish DXY which gives me conclusion EURUSD is more likely headed for another leg down, but not without a fight.
Don't Trust Anything. Let it Prove itself.
Sitting on cash is a valid TRADE.
GL