Good Morning my friend !!
Last few days were very interesting... it seems like Dollar just lost it's claws & teeth due to Dovish FED.. .. now it is up to the rest of the world to take advantage of it or Hail the King again by self destruction
EU: Published RED data again, clearly Germany's ongoing disappointing industrial production data giving a impression of technical recession, plus if we also get RED data on German's trade tomorrow then market might start pricing in for a technical recession in Germany which could bring the EURO way down...
Overall outlook is not looking good for EU....
Impression: Sell the high strategy could continue for sometime.
Trade safe pals !
Happy Trading
Last few days were very interesting... it seems like Dollar just lost it's claws & teeth due to Dovish FED.. .. now it is up to the rest of the world to take advantage of it or Hail the King again by self destruction
EU: Published RED data again, clearly Germany's ongoing disappointing industrial production data giving a impression of technical recession, plus if we also get RED data on German's trade tomorrow then market might start pricing in for a technical recession in Germany which could bring the EURO way down...
Overall outlook is not looking good for EU....
Impression: Sell the high strategy could continue for sometime.
Trade safe pals !
Happy Trading
Trades on fundamentals that enforce technical moves
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