DislikedEUR/USD LONG ABOVE 1.0833 EUR/GBP LONG ABOVE 0.7105 EUR/AUD LONG ABOVE 1.5234 EUR/CAD LONG ABOVE 1.4395 EUR/NZD LONG ABOVE 1.6565 Anyone have any thoughts to these? I'm lining all these up for Friday providing fundamentals agree. new member..... first postIgnored
Anyways I'll give you my take on all except the EURNZD which I do not trade.
EURUSD, I gave it a long signal earlier today. I think you will find decent support around 1.0750. Actually I will place order there to go long
EURGBP, I'm looking to go long but i think above 7100 you start facing resistance, so I would not touch it for now
EURAUD, right now is way off like 100 pips from your entry and with the AUD being so strong, I would stay out of it COMPLETELY
EURCAD, a little bit different take than with the AUD since the CAD relies more on the move of oil than AUD. BUT, I think you will see a pullback before you see a move across the price level you are referring to, which means that if you get a PB of 100 pips or so (I would consider going long somewhere around the 142.30 area) you would have to consider if you still want to go long above 1.4395.
My opinion and there are probably millions of different opinions out there.