There´s some divergence between fundamental data and technicals for USD. On one side, major investment banks are looking for lower EURUSD, but technically according the Ichimoku setup looks bullish. Also harmonics point to a ABCD Pattern .
There´s 2 options at this point : sit on the sidelines till technicals align to the fundamentals below the level of 1.104 , or enter long adjusting stop and size accordingly. Trade what you see .
There´s 2 options at this point : sit on the sidelines till technicals align to the fundamentals below the level of 1.104 , or enter long adjusting stop and size accordingly. Trade what you see .
Josep Pocalles
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor