Only a few trade opportunities, waiting for US data
The first Thursday of the month is always difficult to trade, because the next day the is the First Friday of the month! :) and you know the US unemployment report I due this day…
However, there about 5 currency pairs that I like today, the EURCHF is one of them:
It is trading in a very clear bearish condition and the next LT support level is at 1.2441, so we still have some room to get a good risk-reward ratio if we get a chance to short it.
Tags: EURCHF Analysis
I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community