EURUSD - fight for $ of 1% elite
Clearly USD value is in question.
There is bigger demand for EUR than USD for now and we could it clearly see on charts. A lot of speculation and fear comes into play for the next 3 months.
Will EUR go higher? You can not predict future but last week showed that fear for holding USD is strong.
Current play:
Long term (D) - Longing
Long term (W,M) - this month will be crucial to switch into Long
DAYTRADE - wait, price already over-extended - we might focus on play between zones (RANGE) - current price is in golden zone - people mostly take profits here.
no trend trades in 1.12 <-> 1.36 => we are going for RANGE setups following Short Term Trend
sales@vanderhedge.com
There is bigger demand for EUR than USD for now and we could it clearly see on charts. A lot of speculation and fear comes into play for the next 3 months.
Will EUR go higher? You can not predict future but last week showed that fear for holding USD is strong.
Current play:
Long term (D) - Longing
Long term (W,M) - this month will be crucial to switch into Long
DAYTRADE - wait, price already over-extended - we might focus on play between zones (RANGE) - current price is in golden zone - people mostly take profits here.
no trend trades in 1.12 <-> 1.36 => we are going for RANGE setups following Short Term Trend
sales@vanderhedge.com
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