DonValdez08

Trade setup Oct 31: EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
2
Last Friday, US Advance GDP resulted to 2.9 beating expectation of 2.5. However, the rally in US equity was capped by the renewed email controversy of presidential candidate Hillary. Investors are expected to focus back on economic data and the US Dollar may resume its rise as the US election nears.

Note: trade setup is only valid for a few days and requires review of market conditions and price action as the week progress.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.