FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

EURUSD A very interesting day is shaping up today for the level on the euro. The day opened with a gap up and so far it seems the price is not going to close this gap. They kind of tried to push it down at the start of the Asian session, but the upper boundary of the day didn’t let it go lower and as a result the price went even higher. It corrected a bit and is now looking up again. It’s possible that at the start of the European session there will be another correction, maybe even back up to the top of the OK again. But I still believe today will be a buying day. There are no major euro news releases in the first half of the day, in the second half something from the US might have an effect, there is one important news item there. But I think it won’t have a strong impact on the price.