The_Expat

EURUSD mid-term projection (1st week of April 2018)

FOREXCOM:EURUSD   Euro / U.S. Dollar
As the Aussieland Forex morning approaches we're looking for direction with the EURUSD pair. There's no confirmations as to the direction of the immediate channel directions. Overall aspect shows that we should expect News of a stronger USD push for the immediate and for the EURUSD internal structure to lead down to the bottom internal channel. This marks the beginning of the week in April and we'll get more direction with the Aussie opening. Structure suggests this move down and up, though it's not defined. Truly a grid play for the opening. Our trading room will be deploying grids inside this channel to start the session and the week.

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