EUR/USD took out some substantial Support ( DP, WP, MR-2 & of course our strong S/R @ 1.3033) on it’s way to the 1.29088 level we had flagged as the pullback’s target. Price Action fell 10 pips short of that mark before rebounding to stage a mild recovery. In a 140 pip range, 77 pips of devaluation took place. Price Action wanted nothing to do with our Hotspots, crashing straight through our Support Trendline so we had no hesitation in placing trading on hold until next week – happy that our account was healthier by 43 pips on M30 Strategy & 15 on Swing & Relax.
On hold till Monday
The Day Ahead
More celebrations of the wife’s academic achievements. It’s a tough gig but …………. someone’s gotta do it! I do hope you have or can find something to celebrate yourselves. Remember well that: Yesterday is history. Tomorrow is a mystery. Today is a gift. That’s why it’s called the present.
Have a great weekend everyone – see you in the Surf on Monday.
Geoff Pyne | Certified SurfingThePips.com Trader