24 June 2016, EUR/USD
EUR/USD is currently trading with a bearish bias. Earlier today, following the Brexit, euro traded massively short and even broke below our ultimate target 1.1142. During this intraday, we are very reluctant to execute long trades, instead, in the meantime, we remain flat for protection purposes. Unless you are a professional news trader, remain flat and wait only for signals that give sell opportunities. This pair should be traded alongside GBP/USD, AUD/USD, and NZD/USD. These pairs have a strong positive correlation of up to +0.96 and will have a similar price action during this intraday.
Remain flat for now.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us