capitalpropertiesfx

EURUSD ahead of the ECB

FX:EURUSD   Euro / U.S. Dollar
486 0 3
This pair is like a one way street and even a thought about going long sounds fairly suicidal. Ahead of the ECB press conference the trend is clearly down and to be honest it is difficult to find any decent support levels as all the meaningful areas were taken out like they were not even there.

Obviously, a smart play here is to stay away until the event is behind us but if one really needs to trade this pair during the press conference, then short side is clealry safer.
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