EUR/USD
- Theresa May trigger of Article.50 dictated last week feed news feed
- No considerate resistance at any fib levels, showing a clean bear move
- EUR manufacturing PMI stayed the same
- ECB’s president Draghi expected to speak (Tuesday, 4th April 4, 2017)
o Speaking at the launch of the new EUR50 banknote.
o He may avoid talking about the economy and Monetary Policy
o But reporters are bound to talk about Brexit and a trade implication with Great Britain
- Multiple PMIs are coming out this week (from multiple countries, notably France and Germany
Trade:
- Stack point @1.06449, 78.6% Fib Retracement
- No considerate resistance at any fib levels, showing a clean bear move
- EUR manufacturing PMI stayed the same
- ECB’s president Draghi expected to speak (Tuesday, 4th April 4, 2017)
o Speaking at the launch of the new EUR50 banknote.
o He may avoid talking about the economy and Monetary Policy
o But reporters are bound to talk about Brexit and a trade implication with Great Britain
- Multiple PMIs are coming out this week (from multiple countries, notably France and Germany
Trade:
- Stack point @1.06449, 78.6% Fib Retracement
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