Euro is ready for the takeoff

2017年8月28日

The US Dollar is now under pressure again. The probability of interest rate hike in September is very small. Nothing prevents Euro from testing psychological 1.2 level. Open interest for Euro fx future contract expiring in September had increased more than 2% (93331 contracts) on Friday.
I consider placing a long trade from a pullback, or in case it doesn't happen, going in the direction of an upside breakout.

2017年8月29日

註釋

I've exited this trade at 1.2071