Dear traders,
Just a little
update:
As I recommended
you all, the NFP came out bullish. I hope you listened to me, and got long
positions. We will continue next week.
Because gold was
closed Friday, I expect a real volatile market on Tuesday, so please be aware
of this. Also other USD pairs will be very volatile.
Yesterday I made
my prediction for next week when I was looking at my charts. I think we have 2
options at the moment. The EUR/USD pair could test the border again at 1.10. If
it passes, we are going to 1.14 this week.
When the pair does
not hold on, we will see 1.08 again. But, after reaching 1,08 we will see a bounce
once again to 1.14. If 1.08 does not hold we will see 1.05 or new lows. This is
the chart I publicized yesterday:
https://www.tradingview.com/v/Z2VPaPua/
Be aware of the risk upcoming week,
and do NOT trade if you want to risk much, please be sure of your own
positions.
Have a nice trading
week.
Vince
BusinezzTime
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