Viies, plenty of bouts of profit taking this week and EURUSD is not trading today like a market that is overly long.
Israel Dil 19:46:19 GMT - 02/01/2018
good luck viies
many here to appropriate if you gonna bother to update in real time (during next week?) possible when those trailings get locked by the aiming cannons. :-)))
Dil
NY JM 19:06:14 GMT - 02/01/2018
Viies, but it would be an inside risk so wouldn't you need a lower high/lower low to suggest a top is in?
Tallinn viies 18:56:50 GMT - 02/01/2018
it is important to get higher high in february. needs to do it quickly or profit taking kicks in. so we have one more day to try or otherwise weekly charts show lower high compared to week earlier. so after lower weekly high lot harder to push above as sellers will leave the orders below the top next week. Im not talking short term specs but real money stuff. corporates and pension funds. this week they trail their stop sell orders higer and higher as long as you have higher high in weekly.
for tommorow it is 99% sure thing (if there is any sure thing in fx) market will test 1,2538 previous week high.
I do not know if euro can make higher or not but at the moment I marked range for tommorw 1,2425 - 1,2525.
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