- Range trading outlook now on the weekly chart.
- Possible triangle upside break negated with today's trade back below 1.3300. Market seems to have run out of steam between 1.33 and 1.34.
- Lack of technical and/or trend signals here and elsewhere. Have thus taken a short trade in EUR/USD on assumption that we are nearer to a range top, perhaps even heading all the way down towards 1.2800 before we see a new meaningful signal. Stop close back above 1.3300.
- Trade : Short at 1.3295.
13 August 2013
EUR/USD : Range Top
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1 comment:
Stopped out +1.3303
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