I have been
observing the EUR/USD chart for the past few hours and I think the market is
quite oversold at the moment. That said, I’m also not seeing any clear signal
that a long-term correction is about to begin. Also, Janet Yellen and Mario
Draghi will both be speaking later today and I think we all know just how
volatile the market is during and after such events. Not to mention that it is
Friday and I feel uncomfortable placing new orders so late when I have no idea
what the situation will be like when the market opens again on Monday. So I
think that for the moment I will just sit tight and do nothing.
No comments:
Post a Comment