TheAnonymousBanker

EURUSD: Final bearish leg?

Short
FX:EURUSD   Euro / U.S. Dollar
Today the market will be focused on the CPI, because this date could bring back eurusd to follow his main trend (bearish). If a positive will come out, we could see a strong dollar, on the contrary, a negative CPI could give further fuel to the rebound of the euro. This is not a intraday setup, then we should not be in a hurry to enter the market, it isnot important to get the minimum or the maximum, but being able to follow the trend, so we are waiting for the US CPI.
On Daily Time Frame, we see the development of a bearish AB=CD.
Our setup has a good R/R Ratio, so it will be a sufficient size reduced to optimize your money management
Happy weekend to all and good trading!

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By Anonymous Banker
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