I am personally short the EURUSD at the start of the London session.
If you are looking for a Bullish scenario then maybe follow Credit Suisse who say
Support is seen at 1.0510 initially, with the low from Friday and
13-day exponential average at 1.0428/1.0397 ideally holding on
a closing basis to keep the immediate risk higher. A close lower
can see a deeper setback to 1.0305/1.0290.
The Credit Suisse House View is neutral on EURUSD on a 3-6
month horizon.
We stay bullish for key retracement resistance at
1.0612/15. Support is seen at 1.0510, then 1.0428.
If you are looking for a Bullish scenario then maybe follow Credit Suisse who say
Support is seen at 1.0510 initially, with the low from Friday and
13-day exponential average at 1.0428/1.0397 ideally holding on
a closing basis to keep the immediate risk higher. A close lower
can see a deeper setback to 1.0305/1.0290.
The Credit Suisse House View is neutral on EURUSD on a 3-6
month horizon.
We stay bullish for key retracement resistance at
1.0612/15. Support is seen at 1.0510, then 1.0428.
Trade closed: stop reached
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Related publications
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.