Dear Surfers, welcome to our daily analysis, lets take a look at the market.
How did it go yesterday?
EURUSD runs between 1.1200 and 1.1300 without making a final decision. Well, the more we prolong this uncertainty the more volatility we can get. Yesterday, our Intraday signal took home the TP1 then closed through the Free Trade Technique, shortly before the price continued its path toward the direction that we have pointed out.
As mentioned, not even today EURUSD is moving between the levels from recent days. Currently, it is testing a support trendline that insists on the 1.1250 level. The DP is tested and the trial DWM configuration is bullish.
Plan of the day
We have a slight preference for LONG positions, particularly due to the DWM. But the presence of an interesting support trendline does not make us give up from any SHORT positions opportunities .
Relevant economic news:
2:30pm USD Building Permits
Surfingthepips staff wishes you all a good day.
Daniele Angellotti Certified Trader | SurfingThePips.com