EURUSD Long Side Break, Simple Trade Plans

13 ส.ค. 2024

Harsh momentum from from the EUR vs the USD is taking us straight back to previous price action areas.

The force at which we are travelling makes short side entries slightly more dangerous. Would hold off.

Higher areas have much more weight, would not be surprised if we travel there if CPI data causes USD weakness (dovish).

Also NOTE GDP data out the Eurozone.

Lots of comments coming now out the US, good to check the wires. Mostly surrounding jobs, however we can see inflation comments seemingly on target (await tomorrow).

14 ส.ค. 2024

บันทึก

Keep eyes on key data, not long until release.

14 ส.ค. 2024

บันทึก

Pop above high, small return. No real impetus from news.