What a weird day was yesterday..I called it 'The Day of Reckoning', US stock dropped, dragging along carry trades with it. I was stunned, my jaw dropped about 10 feet as I witnessed my beloved euro plunging from its 1.35 handle all the way to 1.3418 (!!!)..Euro needs to trade above 1.3390 to remain bullish medium-term, I guess the current price level offers a buy opportunity for risk-takers like myself.
Pivot Points:
R1 = 1.3482
PP = 1.3450
S1 = 1.3389
S2 = 1.3357
Trading Ideas: Buy 1.3410, 1.3385, sell 1.3450
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