Before I begin , this is nothing but a directional bias based on the current market structure, look for future updates of my bias through the week. New Price structure can always change my ideals. With a huge sell week( literally the biggest sell week since interest rates in dec or trump election) we are currently sitting at a 61.8 fib of the previous swing....
Aussie raced to a quick new high weds morning, and my intra-week bias is a sell, ill be taking intraday shorts while the selling ensues! My first target is back to the low .76s aprox 7620.
Eur/Usd(Selling) -After we got bad news for Deutsche Bank I'm looking for the euro to sell off this week along with technicals pointing to the downside I think we could hit those lower fib levels and go into the 78.6% level