Working longs in EURUSD towards 1.126
Here we are tracking a very technical move to the top of the range after positive European election results, an important hurdle cleared for those tracking the macro floor building in EURUSD.
Timing wise we still have pending June ECB and Fed meetings to clear however it is just a matter of time, in my book, before Europe receives a positive outlook.The main risk to this flow is coming from Brexit collateral. If we get sharp spikes in Sterling crosses, we might see very near-term outflows in Europe.
Best of luck those tracking the coming floor in EURUSD.
Timing wise we still have pending June ECB and Fed meetings to clear however it is just a matter of time, in my book, before Europe receives a positive outlook.The main risk to this flow is coming from Brexit collateral. If we get sharp spikes in Sterling crosses, we might see very near-term outflows in Europe.
Best of luck those tracking the coming floor in EURUSD.
Nota
EUR finding a bid for the open ... Operación cerrada: precio stop alcanzado
All cleared here ... well done bears
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.