EURUSD - the wing of paragon?
Diupdate
I'll tell you why btw it is not going down as many of traders wish to see it.
Because you short, your dad short and even your grandma is short fiber already.
Sell interest can occur around key resistance levels only. The key atm is 1.1007-1.1017 then 1.1031 and 1.1070 as main resistance and first bulls target.
So, better if to sell then at 1.1070, or even 1.1131, but unfortunately everyone already short and even small buy interest from corps or funds push it higher.
This is classical situation in forex market and the only reason that this shorts are still alive is a constant CB's policy to kill forex volatility.
Cheers! And pls apply your own trading and mm system in any case. TTFN.
Because you short, your dad short and even your grandma is short fiber already.
Sell interest can occur around key resistance levels only. The key atm is 1.1007-1.1017 then 1.1031 and 1.1070 as main resistance and first bulls target.
So, better if to sell then at 1.1070, or even 1.1131, but unfortunately everyone already short and even small buy interest from corps or funds push it higher.
This is classical situation in forex market and the only reason that this shorts are still alive is a constant CB's policy to kill forex volatility.
Cheers! And pls apply your own trading and mm system in any case. TTFN.
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EUR/USD options expires today from FXlive1.0855 2.0bn euro
1.0860 590m
1.0875 1.6bn
1.0880 667m
1.0885 520m
1.0900 532m
1.0950 747m
1.1000 1.2bn
1.1035 574m
1.1040 775m
wide range of interests... but we shud watch 1.0919/1.0940 first
anyway seems it is again very slow trading ahead. Cheers!
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