EURUSD Short entry

EURUSD appreciated as expected after the French elections, really what happened as the result was exactly the same as the polls have predicted..! So this whole move is exaggerated and the rate is expected to begin turning down. Also huge resistance here and a few pips above 1.0950/60, so start to fade here with a 100pips stop. ECB meeting later this week.

Komentar:

Due to new developments and market news, we expect the move to go up to 1.110, if 1.0950 is broken, so stay tuned!