Markets pricing in dovish ECB due to poor economic data, so unless we see a real rate cut price should hold and get some relief rally towards 10 ema on daily chart likely around 1.11800-1.12000
I am looking for a spike down below 1.11 to place long entry, as the risk would minimize significantly if i can enter long at new lows of the year
I am looking for a spike down below 1.11 to place long entry, as the risk would minimize significantly if i can enter long at new lows of the year
Comment:
Will take profit as it hits 1.11800