Due to nxt week risk event short Eurusd to highlighted target.._.Sell now or preferably wait if price rallies to demand area shown for better Risk Reward ratio
Looking at the daily sellers failed to breach the 108.500 to 100 block region and as breaking requires institutional players to risk more money they need a fundamental risk sentiment catalyst. Untill then we can enter long if we get a third bullish rebound our target is the 111.200 area.
On the daily its clear that there are plenty of institutional buying intrest around looking to the upcoming USD risk events its mainly they are liquidating their shorts taking profit entering a stand and wait stance.Lets jump in that bullish move .Our first target is the daily 50SMA wishing you all a profitable ride
