Looking at a potential trend continuation trade here on the EURUSD . Obviously we have a good amount of time before (if) we get to our Killzone, but as we mentioned during last weeks event. When possible we want to go through our I.P.D.E. process as soon as possible and try to remain a step ahead of the markets (prediction wise).
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I don't really think this's a very good idea. In a fundamental perspective, with recent FED speaks of a "nearly possible" rate hike in December, the demand for USD rises. While on the other hand, ECB insist on there loose monetary policies. We can see a divergence of two central banks which will lead to the rise of USD and fall of EUR.
Any potential targets once we are in the trade for TCT or is it to early to set any downwards targets yet ?