I'm just wondering why everyone who's posted is certain eur/usd is going up from here. It hasn't broken major resistance yet. Is there a fundumental reason why? just curious marc
Hey Sure it has not broken any major resistance yet, however, I believe it should rise towards the resistance. It did, took my 50pips, and moved on -Kastro
Pretty interesting. Had a downward spike that took out my s/l at 1.1800. Going to reenter the long position with a mental s/l instead. Take a look at this on my Oanda account---The red dot is my s/l, time is central standard time:
Update: Im still short these EUR crosses: Eur/aud 1.6256 Eur/gbp 1.9818 Closed these positions Eur/cad EUR/jpy For about 50 pip losses each!
My update: Short - USD/JPY at 117.985 Closed at 117.361 Long - EUR/USD at 1.18310 Closed at 1.18690 Still long AUD/USD
Kastro, If youre trading intraday, I would wait until France and German news comes out tonight at 145-255 central standard time. Thats just me. But you probably know something I dont.