EURUSD

14 дек. 2018 г.

Fundamentally the EUR is looking weak following the ECB announcement and issues with inflation.

On a technical point of view I am seeing a slight fall with a major recovery to 1.14+

We are completing a triple three structure which poses to offer long opportunities.

Yellow projection: Our preferred sequence to reconcile the November 13 to November 20 advance.

Teal projection: Second scenario is this keeps on falling to follow there higher time frame structure.

The risk: Try not to keep a tight stop regardless if taking the long or short, this type of market deserves lenient risk.