Forex Market Update Nov 26
EURUSD reversal on Friday is ‘shaky, inconvincible & weak’ as Thanksgiving Holiday illiquidity ensured a wrong movement.
I would prefer considering Wednesday Closing rather than Friday’s even though I am seeing ‘extra’ dips in eurusd which will be nothing but a preparation for launching short trend to pierce 150euro-psycho price.
For the sake of the trading do not sell 15000, and buy the high of the previous week to pierce that 15000 (signal); next target 15330, but not before major choppy moves as this Friday is the time for a monthly close (should be scary this one)!
I would prefer considering Wednesday Closing rather than Friday’s even though I am seeing ‘extra’ dips in eurusd which will be nothing but a preparation for launching short trend to pierce 150euro-psycho price.
For the sake of the trading do not sell 15000, and buy the high of the previous week to pierce that 15000 (signal); next target 15330, but not before major choppy moves as this Friday is the time for a monthly close (should be scary this one)!
Labels: Forex Signals
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