Thanks for the question, I am not saying that on 27th or "X" date this will happen. - I am saying when it comes below 1.042 my interest would increase to watch the price action and that zone should hold ( doesnt' break 1.037) - Secondly, the ideal situation for me would be one of these: 1.It comes there on Sunday/Monday and we see a great bounce 2. It comes after FED rate and before EUR news I hope this makes sense
Excellent and detailed analysis and helpful for people trying to learn. thanks.
so on the 27th, do you think eurusd is going to drop to 1.045 and then go back up right ?
Thanks for the question, I am not saying that on 27th or "X" date this will happen.
- I am saying when it comes below 1.042 my interest would increase to watch the price action and that zone should hold ( doesnt' break 1.037)
- Secondly, the ideal situation for me would be one of these:
1.It comes there on Sunday/Monday and we see a great bounce
2. It comes after FED rate and before EUR news
I hope this makes sense