TECHNICALES
we are in a good space for the pair as there has been some clear rejection of the resistance zone of 1.61500 once again proving it to be a strong one once again. ill be expecting price to move to resistance zone within the next day or two.
if market does however break below the support we will wait for a pull back to support then sell.
FUNDAMENTALS TO LOOK OUT FOR
TUESDAY, NOVEMBER 9
07:00
EUR EcoFin Meeting
EUR Trade Balance s.a.(Sep)
10:00
EUR ZEW Survey – Economic Sentiment(Nov)
EUR ZEW Survey – Current Situation(Nov)
EUR ZEW Survey – Economic Sentiment(Nov)
13:00
EUR ECB's President Lagarde speech
16:00
EUR ECB's Schnabel speech
MORE AVAILABLE ON FX STREET.
we are in a good space for the pair as there has been some clear rejection of the resistance zone of 1.61500 once again proving it to be a strong one once again. ill be expecting price to move to resistance zone within the next day or two.
if market does however break below the support we will wait for a pull back to support then sell.
FUNDAMENTALS TO LOOK OUT FOR
TUESDAY, NOVEMBER 9
07:00
EUR EcoFin Meeting
EUR Trade Balance s.a.(Sep)
10:00
EUR ZEW Survey – Economic Sentiment(Nov)
EUR ZEW Survey – Current Situation(Nov)
EUR ZEW Survey – Economic Sentiment(Nov)
13:00
EUR ECB's President Lagarde speech
16:00
EUR ECB's Schnabel speech
MORE AVAILABLE ON FX STREET.