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EURUSD remains within the newly formed bullish channel. News for today should not have high impact.
But the news for tomorrow (ECB rate decision and press conference) and the day after tomorrow (US NFP) could easily heavily test support and resistance of the channel. Current values : support 1.1080, resistance 1.1350
Today is ADP NFP - that can cause some volatility. But I think that there will be a whipsaw
Today is ADP NFP - that can cause some volatility. But I think that there will be a whipsaw
Oh well - I was wrong. ADP NFP does not count for anything any more.
Looking at daily charts it sure starts to look like a steady trend up
The EUR/USD fell today after the US Dollar pushes higher as China concerns ease, but tomorrow ECB will move the market.
All as usual : ECB and NFP will be hell
If you think that by using mt you are HFT safe, think again :
EURUSD
I Think The EurUsd Up To Level 1.13004
Good Luck
ECB rate decisions and press conference - it is all about that today.
I don't think that there will be surprises
No need for a chart
Today all depends on ECB. If Draghi does not announce QE prolongation, EURUSD will go up
EURUSD
Change To DN to Level 1.11791
End With News USA
Good Luck