We were taken into our S&R Long late on Thursday so found ourselves in a Friday Market which of course is not our modus operandi. After giving PA a chance to deliver a free trade, we closed the position so the relaxation could begin. We donated 2 pips to our brokers. For what it’s worth, EUR/USD ranged 42 pips to close the week just shy of 1.3700.
The Day Ahead
It’s Monday so expectations aren’t high but the potential reversal at a key level has my interest. First up News may shape the day.
|9:00am||EUR||German Buba President Weidmann Speaks|
Magic Monday everyone.