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The end of the French Presidential elections was marked with a Macron win. The EUR/USD did not have much more room to the upside after its continuous rise over the past couple of weeks and indeed it gained only 10 pips from Friday's close on the news, before drifitng down.
For now we are avoiding a trade in the EUR/USD, but a SHORT importunity arose in the EUR/GBP pair. Initally we were aiming for a relatively small profit target but it has the potential of moving toward 0.842, so profit target …
For now we are avoiding a trade in the EUR/USD, but a SHORT importunity arose in the EUR/GBP pair. Initally we were aiming for a relatively small profit target but it has the potential of moving toward 0.842, so profit target …