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Daily Strategy - Trade EURUSD in flat direction with partially long positions

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  • Daily Strategy - Trade EURUSD in flat direction with partially long positions

    EURUSD (1.2326)
    Trend: Neutral
    Support/Resistance: 1.2240 - 1.2355
    The most important fundamental event today is at 8:30 AM ET New Home Sales. But the traders will focus over the expecting U.S. GDP report at the mid of the week.
    The prior week was positive for the Dollar with about 150 pips gains against the Euro. The gains of the dollar may stop today and as overall we expect flat market with slowly EURUSD correction up.
    World-Signals.com trading strategy for today is to try long positions during the morning European session with gains of 30-40 pips.
    World-Signals.com - Forex, Stock, Energy and Metal signals to the world
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