We have a clearly overbought situation in EURUSD at the moment. But divergence is not yet in place. This can be traded in a nice way.
Therefore : a quick trade on the move down, then re-entering the previous long position again (since Greece won't be allowed to fail). See the levels as described. Given the fierce forces working today, I don't expect it will need to test all those support levels, so I am aiming at just 1.1065.
Therefore : a quick trade on the move down, then re-entering the previous long position again (since Greece won't be allowed to fail). See the levels as described. Given the fierce forces working today, I don't expect it will need to test all those support levels, so I am aiming at just 1.1065.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.