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Daily Strategy - It is possible consolidation in EURUSD trading today

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  • Daily Strategy - It is possible consolidation in EURUSD trading today

    EURUSD (1.2289)
    Trend: Neutral
    Support/Resistance: 1.2205 - 1.2340
    At the beginning of the new business week expect U.S. Treasury Budget report at 14:00 Eastern Time. As overall continue to use technical analysis today. The dollar gains against the Euro are limited and may end today.
    World-Signals.com trading strategy for today is to open long position during the morning European session. Use the key support/resistance levels to trade today. During the morning U.S. session is possible continue of the dollar gains but as overall continue to trade into consolidation at the current levels.
    World-Signals.com - Forex, Stock, Energy and Metal signals to the world

  • #2
    It's Monday, this pair is almost always stuck in a sideways consolidation on this day of the week.

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