Technical Analysis; EU at Resistance level and we expect to spike down to levels below 1.1800
Fundamentals; Euro has had spiked up on the positive German Manufacturing numbers, USD is at a critical point before the US Elections and has been on its low levels a rebound to risk-off may suffice.
Sentimentals; The levels of 1.1800-1.1900 have previously been sell areas for traders due to previous EU leadership intervention comments on these levels.
Fundamentals; Euro has had spiked up on the positive German Manufacturing numbers, USD is at a critical point before the US Elections and has been on its low levels a rebound to risk-off may suffice.
Sentimentals; The levels of 1.1800-1.1900 have previously been sell areas for traders due to previous EU leadership intervention comments on these levels.
Note
Atleast 50 pips profitNote
100% WIN
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.