My current active open positions: EURUSD, AUDCAD, AUDNZD, AUDUSD
Note to traders: liquidity has a good chance to really thin out this week leading into the holidays. It will show it’s cards likely by weds/thurs.
Just understand with low liquidity, stops can get kicked on sharp spikes so be mindful with proper risk and understanding of what may happen.
EURUSD – Corrective Pullback Sitting At MT RRL (1hr chart)
After forming a multi-year low which we’ve been hinting at for several weeks now, the EURUSD has produced a corrective pullback into the MT RRL around 1.0460. If this level holds, we should see another attack on the yearly lows sub 1.04 with potential scope for a trip to parity.
NOTE:…... Keep reading