Euro gained yesterday, eyeing 1.3620, before closing lower at the end of the NY session. It is not an easy task as the 1.3600 resistance presents the 55 day MA as well as the 50% retracement of the decline from the 1.3840 high. The potential of seeing 1.3650 next week is not out of question though..Happy trading!!
Today's Pivot Points:
R3 = 1.3645
R2 = 1.3617
R1 = 1.3591
PP = 1.3563
S1 = 1.3537
S2 = 1.3509
S3 = 1.3483
Today's Calendar:
1- US Durable Goods Orders 8.30 pm
2- US Core Durable Goods Orders 8.30 pm
3- US New Home Sales 10.00 pm
Today's Strategy:
1- Buy euro, 1.3530, 1.3500
2- Sell euro, 1.3590, 1.3610
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