Dear Surfers, Let’s take a look at the market:
How did it go yesterday?
Friday, the price was held around 1.1100 area without showing a clear plan. These are special days but let’s follow the money without being caught by surprise.
This week EURUSD opened in a GAP: we are surprised by the referendum in Greece which has been the principal driving force for the Price’s overhang. Earlier this week the triad DWM was placed in bearish configuration while the DP has already been tested.
Plan of the day
There are no expected news in addition to the news of 4 pm. However, we must be careful to the scenario of Greece which is making markets nervous.The GAP has already been closed: we will look into the upper trendline because the price could have further declines.
Relevant Economic news:
4:00pm USD ISM Non-Manufacturing PMI
Surfingthepips staff wishes you all a good day.
Daniele Angellotti Certified Trader | SurfingThePips.com