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UnknownUnicorn3442968
Nov 27, 2019 7:53 AM

EU: Daily neutral setup 

Euro Fx/U.S. DollarFXCM

Description

No trade for the Euro yet this week (yet), as we continue to deal with illiquid markets that are not allowing any opportunities to be taken advantage of yet this week so far. I'm ideally bullish for the Euro based on a technical perspective, but the fundamentals are why I am neutral until we get a decifson of price action for the Euro this week. Hopefully it will be today or tomorrow. Weekly downside target is 1.09 if 1.1 is broken. Weekly upside target is open as I think there is a lot of upside to the Euro if 1.1 is rejected. I expected an entry soon.
Comments
vincent007
Could be a big trade here.
UnknownUnicorn3442968
@vincent007, Yes we're watching closely!
UnknownUnicorn3442968
@AlchemyFx, Do you have a chart you can share?
UnknownUnicorn3442968
@vincent007, stay tuned we will post our entry here on our profile =)
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