Dear Surfers, let’s have a look at this interesting trading day.

How things went yesterday

Yesterday price had fun in meticulously testing our trendlines, swinging between 1.0600 and 1.0650 about. The technical analysis sometimes is great. No operation for us.

Technical Analysis

During the night and in the early morning prices sank down, wasting the previous hours’ rising. But now it has gained again several pip, achieving 1.0720 zone, close to our resistance trendline.

DP has been widely tested and the Pivot DWM has a bear set up.

Plan for the day

Just follow prices action for individuating eventual trading opportunities on hot zones, which don’t miss today. Pay attention to the several news planned for this afternoon.

Notable Economic News

2:30pm USD       Building Permits

USD       Unemployment Claims

4:00pm USD       Philly Fed Manufacturing Index

Have a nice day. See you tomorrow for wishing you a great relaxing weekend.

Daniele Angellotti

Certified Trader | SurfingThePips.com