No serious news events this week until Wednesday when we have Euro CPI.
i will be watching the Brexit negotiation this week for any further developments
The Olympics are coming to an end & I will be watching for any new developments in North Korea.


On 16th February price pierced the high of 25th January Closed below. Last week Price remained above the Daily 34ema. This week I will be looking at the daily 55ema & 1.2093 for reaction. While incline trendline remains above the incline trend line I will remain bullish on the Euro.


Price has pierced the 4 hour 200 ema. If price breaks through the H4 200 ema, I will be looking at the daily 55 ema for support. A small counter trade back to the H4 200 ema could be on the cards from where I will be looking form resistance to short again.

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