Above Trades remain active for now. EURUSD needs to break below 1.1700 handle to accelerate lower and confirm a top is in place.
EURUSD tick higher bu 6 pips before reversing sharply lower. Holding short positions, as we enter into the EU and UK Open.
Watch out for EURUSD break below 1.1700 for the drop to accelerate further
Watch out for SPX500 drop below 3265 in near term. Bottom line 3400 should hold
Active trades: EURUSD short US dollar index long GBPUSD short AUDUSD short NZDUSD short SPX500 short Dow Jones short DAX short
Flash update: SPX500 might have print a false break at 3411/12 on a few systems. Kindly consider taking fresh shorts in that case @ 3340/50 stop @ 3460 target is open.
EURUSD holds steady @ 1.1830/40 for now. We need a break below 1.1700 to accelerate lower.