After yesterday's push to 1.3140 EUR is silent and calm this morning currently trading very close below 1.31. EU summit starts today and the focus will be there, because there is no important data from the eurozone today. More interesting data will come from USA with the beginning of the american session. I do not expect Spain to request help today and tomorrow, because there is an important vote on Sunday, and from political point of view it will be insane to request help before that vote. Maybe friday's economic data will be a little bit europositive, but no any important decision is expected from this EU summit, so market will look for a better price to buy. So i expect drops to 1.3070 and to 1.3040 to be used as buying opportunities. Only on successful break of 1.3030-40 we risk fall to 1.2970 and below.
GOLD wasn't able to stay above 1750, until a daily close below 1760 further drops are possible. GOLD is in a corrective move, another leg down may even extend to 1715 and 1705.
LONG EUR above 1.3070 SL 1.3040 TP 1.3160-70, 1.3210, 1.3250
if stop is hit wait for the price to go back above 1.3070 and enter with the same position
SHORT EUR only below 1.2950 SL 1.2980 TP 1.28
LONG GOLD above 1715, SL 1708 TP 1745
SHORT GOLD below 1753 SL 1760 TP 1730-1720