By repeating chart from yesterday, we are still in Trading range , while attemts to break out is becomming more dedicated. Yesterday attempt to break above above 1.1450/60, today attemting to break below 1.1320/10 ,which supported by weak EUR Industrial Production data. Still we need to wait for US Retail data , which could set the tone for futher direction and possiblly to move finally outside trading range we are sitting from beggining of April. And as US retail data is supposed to be improving, we could expect futher bearish momentum strenghtening and breaking to lower level below 1.13.
As shown in chart by Yellow line as possible scenraio, as of today 13 April is getting stronger ground. Is the number 13 bad for EUR ? Lets see, as today is not a Friday yet .
Good luck!
As shown in chart by Yellow line as possible scenraio, as of today 13 April is getting stronger ground. Is the number 13 bad for EUR ? Lets see, as today is not a Friday yet .
Good luck!