EUR/USD: Euro recovers after yesterday’s decline
The Euro is recovering today after yesterday’s sell-out session, according to Nicole Elliott, senior technical analyst at Mizuho Corporate Bank, today’s will be a consolidation session: “Recovering from the bottom of the Ichimoku ‘cloud’ and we expect the Euro to hold above the top of the cloud today. Expect nervous consolidation between 1.5650 and 1.5750.”
In regards to strategy, Elliott advices: “Possibly attempt longs on a dip to 1.5655; stop/reverse below 1.5600 for 1.5465. Cover ahead of 1.5750.”
FOREX is a serious game. Play it with the pros.
Forex trading involves substantial risk of loss, and may not be suitable for everyone.
Easy-Forex? Others offer promises. WE deliver.
Forex trading involves substantial risk of loss, and may not be suitable for everyone.
Forex online. Without it, you are wasting your time (and money).
Forex trading involves substantial risk of loss, and may not be suitable for everyone.
Control your destiny.
Forex trading involves substantial risk of loss, and may not be suitable for everyone.
