GroundControl2MajorTom

EURUSD 07SEP Monday expectations of the week ahead

GroundControl2MajorTom Обновлено   
FX:EURUSD   Евро / Доллар США
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Strong correlation with DXY and we can track significant levels here within index also.
- Level 92.98 for very keen in USD weakness traders.
- Level 93.21-93.34 expectation that medium term USD bears to add positions to protect downtrend.
- Level 93.47 - game changer. Expectation of sharp USD value rise.
As you can see according to COT report USD short positions over crowed. Take care and do not open huge positions. Use stop loss that will not harm you significantly.
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for EUR bulls everything is very tight and clear for today

buy level 1.1802 and 1.1887-1.1879 zone stop loss under (?) depends on each personal risk management system, but let's say may be under 1.1760

for EUR bears strategy more complicated today from my point of view as we are near key support levels.
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buy level 1.1802 and 1.1787-1.1779 zone ...
sorry misprinted big figure.
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