Hello fellow traders

Time to enter on the EUR

Time to enter long today ahead of announcement . A good place to go long would be 1.3598 TP 1.3637 - 1.3650

Don't forget the ECB press conference at 14:30 CET
The decision should be of high impact and concern for future trade moves on the Euro pairs this Q3.
There
is concern interest rates will drop, what impact this has we will have
to wait to find out, but I have a feeling it is going down down down,
down...........just saying.
Euro is heavily offered right now. Many are expecting ECB intervention this Q3 and the scene looks ripe. In the ensuring Bear market the sell-off will have a high chance of extending down to this year's lowest level, namely 1.3475 .

"The danger is the ECB doesn't go as far...as the market has priced in, leading to a nasty short squeeze."
- Saxo Capital Markets (based on CNBC)

Wishing you all the best of luck trading this Month of June


Remember its not what you trade, its how you trade it. Always remember to manage your risk properly.


Thanks
JohnSmith

I am unable to enter any trades for the contest at this time.
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