EUR/USD crept straight back into it’s shell yesterday, producing a range of only 28 pips. Despite the meagre movement we spotted an opportunity Short that produced TP1 before reversing and then a setup Long that also produced a TP1 before News whipsawed (if that’s the right word in a ‘mini market’) us into a second Break Even trade.
The Day Ahead
A big afternoon of News will have me keen to get in a free trading position before lunchtime. Could be a good ride, if successful.
|1:45pm||EUR||Minimum Bid Rate|
|3:30pm||USD||Fed Chair Yellen Testifies|
Have a great Thursday.