Euro's sudden drop yesterday was much due to some corrective selling ahead of the Independence Day holiday today. All eyes will be focusing on tomorrow's ECB meeting, no rate increase is expected though. Look for opportunities to buy Euro on dips.
Today's Pivot Points:
R3 = 1.3685
R2 = 1.3659
R1 = 1.3633
PP = 1.3607
S1 = 1.3581
S2 = 1.3555
S3 = 1.3529
Today's Strategy:
1- Asian high low breakout.
2- Waiting for a sell signal from the Cornflower setup.
4- Buy on dip, 1.3580, 1.3560, sell on peak, 1.3645.
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