EUR is still capped by the MA200 on Daily @ 1.2810-20. A Daily close above that level will take us to 1.2920, where will make some attempts to break the 1.2990 zone, if unsuccessful, then a drop to 1.2400 may follow. If now we break the resistance 1.2820 it will become a very important support. In future breaking lower of 1.2820-1.2800 will be a signal for a massive selling, please remember this!
My short term outlook for the EUR is bullish, and i mean bullish for the next several days, then i expect a reversal to the downside.
GOLD has closed the day above 1730 and this opens the way to the upside for the following days, together with the progress of the EUR. Range here is very tight, so it dangerous to trade gold right now. Resistance comes at 1740.
LONG EUR above 1.2755-65 SL 1.2730 TP 1.2830-1.2885
SHORT EUR below 1.2680 SL 1.2705 TP 1.2605
LONG GOLD above 1725 SL 1722 TP 1740
SHORT GOLD below 1710 SL 1715 TP 1695