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DonValdez08
Oct 30, 2016 10:54 AM

Trade setup Oct 31: EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

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.
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