Price comes in this MA100/50 channel so it could go for a bounce at the MA 50 now....CCI indicates south..
Trade closed: target reached
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Comments
gomezfh
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Hi Johan, Do you have any forecast for today (EUR/USD)?
johan.verm
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Price could bounce against the MA 100 at the 1H ....Greetings
johan.verm
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Sorry ..Must be the MA200 ,to go short again ..Have a nice weekend
johan.verm
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With possible Brexit this could become reality.....Shall price break this MA100/50 channel to go bearish ....Thats the question....Good luck..
mgiuliani
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Interesting view, thank you.
This is mine:
johan.verm
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Explain your theory please.Thanks.
johan.verm
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Ok I saw this brexit point and eruo could fall at this moment....
mgiuliani
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We would expect EUR/USD to drop 2.50/3.00% in the event of a Brexit. The EUR/USD rate has moved about 20% as much as GBP/USD in reaction to the most recent poll releases. The target is positioned @ 1.0974. As we mentioned we believe that if there is a Brexit next week, the euro would not to behave as a safe heaven, but rather to see the euro under big pressure on fear of further discord with the region.
Regards
johan.verm
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Thanks ..Good analyse...Regards and have a nice day....