Dear Surfers, Let’s take a look at the market:
How did it go yesterday?
Yesterday we have seen a slow but steady rise in the price up to around 1.1100 area. A signal during the morning that reached TP2 gave us profit.
Today the price has tried to remain above 1.1100 but the market did not agree with that. In this moment EURUSD touches 1.1030 area and it is on the support . We’ll see what it does. The DP has been tested and the current price action is taking place right next to the latter. The triad DWM is still in bearish configuration.
Plan of the day
Leveraging the favor of the triad, we’ll see if the price is alleged to violate the trendline support on which is insisting.
Relevant Economic news:
2:30pm USD Unemployment Claims
Surfingthepips staff wishes you all a good day.
Daniele Angellotti Certified Trader | SurfingThePips.com