Dear Surfers,

Let’s take a look at the market.

How did it go yesterdayironic

Yesterday the price swung to over 100 pips without  producing significant results. In fact, there was a real prevailing trend and an ironic up down . Our signal S & R is closed to breakeven but not before it took the TP1 home .

Technical analysis

EURUSD is moving just below the 1.0900 and probably being affected by the bearish configuration of the DWM triad  and the test of the DP has. We notice a support trend line  and a resistance where could have some oportunities.

Plan of the day

Our bias is moderately bearish for both the configuration of the triad and  the resistance exercised by the 1.0900 level . We’ll see if the price will go down to the support trendline  or not.

Significant economic news

2:30pm    USD        Unemployment Claims

Surfingthepips staff wishes you all a good day.

 

Daniele Angellotti Certified Trader | SurfingThePips.com