Expectation due to following factors:
-- Italy's Budget Drama
-- Italy's Bond yields and 132% Debt to GDP ratio issue
-- EU Economic Data for the last 3-Months have been very soft especially Germany
-- BREXIT drama with EU
-- Strength of the USD Dollar and US Economy ( Even though fueled by Tax cuts )
My Trade:
Type: EURUSD SHORT
Entry: 1.1475 to 1.1462
Exit : 1.1400 to 1.1430
-- Italy's Budget Drama
-- Italy's Bond yields and 132% Debt to GDP ratio issue
-- EU Economic Data for the last 3-Months have been very soft especially Germany
-- BREXIT drama with EU
-- Strength of the USD Dollar and US Economy ( Even though fueled by Tax cuts )
My Trade:
Type: EURUSD SHORT
Entry: 1.1475 to 1.1462
Exit : 1.1400 to 1.1430