Symmetrical Triangle Formed. ITALY BUDGET NEWS in spotlight.
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EURAUD seems to be consolidating and not just this pair. Most EU Cross pairs seem to do the same too.
This means Bulls and Bears are fighting at this point.
Who might edged out a win?
Watch my previous Post on my previous days analysis.
Seems like most EUR traders are waiting for the ITALY BUDGET NEWS later on today at 16:00 G.M.T (12AM SGD TIME) before most EUR pairs could find a direction. Unless there are leaks somewhere during the London session :)
I have previously locked in a few shorts and I'm still shorting. However if most EUR pairs remained bullish after the ITALY BUDGET Report is out, I may exit my positions as SOON AS POSSIBLE . IF NOT EUR MAY TANK ACROSS THE BOARD
Keep a watch on this one fellas!
Trade safe.
This means Bulls and Bears are fighting at this point.
Who might edged out a win?
Watch my previous Post on my previous days analysis.
Seems like most EUR traders are waiting for the ITALY BUDGET NEWS later on today at 16:00 G.M.T (12AM SGD TIME) before most EUR pairs could find a direction. Unless there are leaks somewhere during the London session :)
I have previously locked in a few shorts and I'm still shorting. However if most EUR pairs remained bullish after the ITALY BUDGET Report is out, I may exit my positions as SOON AS POSSIBLE . IF NOT EUR MAY TANK ACROSS THE BOARD
Keep a watch on this one fellas!
Trade safe.
Note
TP 1 taken
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