Looks like another long set up for the EUR. With the long-term day chart bullish trend and the short term set-up, it looks like a 100-180 pip trade over the next day or so.
I haven't put in my buy order yet as I am waiting for a little more consolidation in price.
Beware if todays USD budget statement (@ 2pm EST) looks good for the dollar it might send this pair sideways until tomorrows German GDP report (@ 1:30am EST)
News affects the short term but the long term trend always wins!
I haven't put in my buy order yet as I am waiting for a little more consolidation in price.
Beware if todays USD budget statement (@ 2pm EST) looks good for the dollar it might send this pair sideways until tomorrows German GDP report (@ 1:30am EST)
News affects the short term but the long term trend always wins!