Do not take your eyes from the target – EURUSD in focus.

As the Italian referendum on Sunday brought sharp down and up movements, scalpers and those traders with good risk management skills could benefit from the event. Also for swing traders staying on a side was a good solution.

As the EURUSD is above 1.07 we are waiting for the pair to move to around 1.09 level before starting to search for a short entry again.
Nevertheless, before going with any trade it is worth taking into account that on Thursday ECB`s Draghi speaks.

london-trader-focus

eurusd-focus

Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed your initial deposit. These products may not be suitable for everyone. Please seek advice if you do not fully understand the risks.

 

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