Markt had a huge surge over the asian session with the news that Spain will recieve 125 billion in Bailout funds creating a 100 pip gap open....So we know that the ECB will backstop Spain to protect the EZ. This proved to have overnight confidence but that confidence is faultering as the EURUSD slides back to the pre new markt close of last Friday at 1.25000.
However, the nature of a markt does not like gaps and it is their nature to fill the gaps......Threfore, if there is confidence restored I will look to buy EURUSD at next Symphonie Signal now that the opening gap has filled.
Evaluator.:nerd:
However, the nature of a markt does not like gaps and it is their nature to fill the gaps......Threfore, if there is confidence restored I will look to buy EURUSD at next Symphonie Signal now that the opening gap has filled.
Evaluator.:nerd: