Hey Guys,
This is a counter trend trade!!
I'm currently selling EU after that huge bullish run we just had.
We've just seen price break beneath a strong area of support now acting as resistance, since London open we've had some strong bearish momentum step into the market, but I am only selling this pair to around the 1.0000 zone as this is where price is likely to reject and continue to the upside.
I will drop another analysis on this pair at 1.0000 where I anticipate price to go back up to the 1.01500 zone.
This is a counter trend trade!!
I'm currently selling EU after that huge bullish run we just had.
We've just seen price break beneath a strong area of support now acting as resistance, since London open we've had some strong bearish momentum step into the market, but I am only selling this pair to around the 1.0000 zone as this is where price is likely to reject and continue to the upside.
I will drop another analysis on this pair at 1.0000 where I anticipate price to go back up to the 1.01500 zone.