Hi traders,

I think that take sell setup could be good for scalpers.

Euro situation is not good and looking the Manufacturing Purchasing Managers Index (PMI China) the data fell to 50.40 and this movement could the Euro also.

China is very important to verify if the global economy is recovering or contracting. 

Well, The pivot point:1,3090 was not reached giving a hint that euro/usd will go down to 1,3010.

Any surprises for Friday? I don't know.

If the points breaks so watch for more downsides.

And here:

Att,Igor

Views: 164

Comment

You need to be a member of Forex Social Network to add comments!

Join Forex Social Network

Members

© 2014   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Online

Live Video