Philson-Investments
Long

We just started a new UP move.

FX:EURUSD   Euro Fx/U.S. Dollar
369 2 4
As you can see on a chart since evening 19.04. we should play shorts but in fact thats was a consolidation and can do a lot of mess on traders wallets. In fact we were surprised too about the up-move during the day in 21.04.
After retesting low level at 1,066x/7x this morning we started a up move. In our opinion the price went back only to release all shorts and start a new move created only on long position for huge players and banks.
Difficult to say how big and strong will be that move - in our opinion we can see levels 1,11 or even 1,13 - but one thing is the most important, all traders should be careful with short position. We suggest - play long positions after corrections and hold them.

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Good enter after rebounce.
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So, we achieved easily and even jumped up our goal. The trend is still strong of weak data from the US. Today at 20.00 we have the FOMC statement and decision on interest rates. There is no conference after the statement , so we think nothing will change in the image of the market. We hope: to clean fresh subscription of long positions, some retest and we will play long positions. to 1.13 / 1.15.
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