Short since R1 (2838) at 2795. Half TP at M3 and looking for other half at PP around 2583.
EJ just cracked the downtrend that started 6PM EDT. EU trying to follow.
Edit: And wow. Shorts closed.
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DislikedYou scared everyone off!
Short since R1 (2838) at 2795. Half TP at M3 and looking for other half at PP around 2583.
EJ just cracked the downtrend that started 6PM EDT. EU trying to follow.
Edit: And wow. Shorts closed.Ignored
DislikedExpect a possible bounce at 1.2583.
PP and 61.8% fib on my charts.
Will monitor PA at that time if we reach it.
Still holding shorts.Ignored
DislikedHey,,,Whats PA? I've seen tht so many times, never asked what it meant.Ignored
Dislikedgoodness me, what a rally up.
I wonder what's going on
I would have expected it go lower but two things stick in my mind:
1. I didn't expect it to rally to 1.28 last night
2. I did not expect to see such resistance on the way down.
3. I wonder what the effect of the Fed interest rate announcement will have on the EUR/USD.
4. Weird thing yesterday now that I think about it is that bad news came out for the consumer confidence figure and the USD did go lower against the EURO, so I wonder if fundementals is going to come back to normal for once when looking at currencies?
When ever the US does something with interest rates the EUR/USD tanks. So I wonder.Ignored