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Back to 1.36
It turns out to be a "magical" level for EURUSD before this ECB deecision
Back to 1.36 It turns out to be a "magical" level for EURUSD before this ECB deecision
It will be like that at least till tomorrow
Little ranging today and then tomorrow we shall see
What's this?
Rumors starting to make whipsaws?
The rate reduction is expected based on last ECB speech. But if no action is taken now then EURO will rise and the ECB losses its credibility.
Also the NFP number will have an impact on the EURUSD this is a heavy week on economic data so be aware of it.
This week is THE week for Euro
One wrong step from ECB and anything can happen. I think that Draghi knows it and that he will try to avoid clear statements. If he does that that will be one hell of a whipsaw tomorrow
There will be a whipsaw regardless of what Draghi tells
Whipsaw is already priced in too
Now wait for ISM data and then we shall see massive orders closing
I'll try to avoid eurusd tomorrow.
I'll try to avoid eurusd tomorrow.
Good choice.
I'll try to avoid eurusd tomorrow.
Very smart decision. It will be better to watch it as a movie than o try to trade it