As We mentioned in Graph about Technical Here We will See little about Fundamental After a week China is coming From holidays so We can see its impact on market also. As china is big player of commodity and Forex market. and later on Wednesday we have FOMC Meeting Minutes Which Expecting After NFP that Comments will not good. and on Friday we have Many Events...
Good RR. EURUSD up to 1.18xx with Option to 1.20xx - 09/2016 to 03/2017.
Watch out: italian Banks could be the next threat for financial markets and finally for the global economy.
#Baddebt #high #volatility / Just FYI.
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I wish you best success.
Just a look at how our count is coming. We did have an outside day with a new low on this count and a down close but it left us with a large wick as prices stayed in the trendline and hugged the lower fork line. Could just be a cycle churn but either way August 18 still looks good as the Stochastic is on slow decent to oversold.
