Why? Any reason or is it that you have long positions up there?
Important support level is at 1.2880/90, which may poised to turns support turns resistance. Daily have its price closed there last week, until a daily close above 1.2900, then i am convinced there's a good bounce to higher targets. Meanwhile, shorts will keep pending there until a clear rejections to clear the S T R zone.
Fundamentally, EUR is still very prone to risk sentiment and hiccups.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(1 year ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(1 year ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(1 year ago)
Important support level is at 1.2880/90, which may poised to turns support turns resistance. Daily have its price closed there last week, until a daily close above 1.2900, then i am convinced there's a good bounce to higher targets. Meanwhile, shorts will keep pending there until a clear rejections to clear the S T R zone.
Fundamentally, EUR is still very prone to risk sentiment and hiccups.