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MintingSquid
Jun 29, 2016 11:44 AM

SELL EURUSD towards range lows 1.07 Short

Euro Fx/U.S. DollarFXCM

Description

Looks like the pullback after the Brexit after a monster sell-off is fading out, 6E analysis tells us from VSA prospective that buying is going on diminishing volume with small culminations at the tops. 1.11 is the level to sell towards 1.07-1.06. It will be reinforced by extra liquidity from ECB and Draghi "euro death spell" and fears of further EUxits. Expect then a strong rebound on suitable news events, like "NO HIKE" admission from Yellen.
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