EURO SUMMER STOP LOSSES (12450) ARE IN THE TARGET

EURO SUMMER STOP LOSSES (12450) ARE IN THE TARGET

€ There will be no major trend in EURUSD before summer stop losses are taken. Market needs them to survive a narrow, none trending, routing pair.

On Monday, I wired that those stop losses to be taken within 24 hr, but when the mass market hits the records, followers simply follow not.

What happened instead, the pair is correcting the Opening of the NFP. So will next wave shift to those stops? 12744 will narrate the next wave.


AUDNZD a month ago the market was looking to hit the ceiling @ 12300. Reversal took us as low as 11200 where 200average hold it well.

After RBNZ stealth movement October 25, the market is running well away from bears. The bull is in control at least the next 48 trading hours. Gap is filled (11670) and a close above, nullify the bears from trading.

Slow stochastic shaping up towards O/B, indicating continuity in trend.










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