EUR/USD (Daily)
Approaches daily technical level of the year 2015 consolidation.
EUR/USD (H4)
H4 Bollinger squeeze.
Recent market bottom @1.0566
Trade Idea: Stop around 1.0480, target 1.0740 and maybe even further up to 1.0850 to close gap.
R:R not as good as USD/JPY though but still with decent trade potential.
*Seems like the rate hike are almost fully priced...would it be a 'buy the rumor sell the fact incident?'
...and NFP December data will be key to not disappoint the market...
Approaches daily technical level of the year 2015 consolidation.
EUR/USD (H4)
H4 Bollinger squeeze.
Recent market bottom @1.0566
Trade Idea: Stop around 1.0480, target 1.0740 and maybe even further up to 1.0850 to close gap.
R:R not as good as USD/JPY though but still with decent trade potential.
*Seems like the rate hike are almost fully priced...would it be a 'buy the rumor sell the fact incident?'
...and NFP December data will be key to not disappoint the market...
The only true wisdom is in knowing you know nothing.