Oil and Gas Futures giving a boost to Euro today on Dollar weakness.
22900 should be next to be taken out ,shorts from that level have stops sitting there,liquidity to dump.
Consumer confidence gave a boost 1.3 Vs 0.6 expected.
My short was taken out last night with this spike,small loss,that's the way I like to keep my losses,index went down to 90.060,my other trade on pound is going well.
I close any positions at 10 GMT unless I have a good position,one Long on Eur/GBP from 87700 break even,I will keep an eye on Eur/USD for higher high then short.
Waiting for the index to drop to 90 or lower so we can take advantage of the level.
Looking across you see where some traders would have taken shorts target to be taken out .
False break to make retail go Long ,if you looked across you will see no reason why it would find support here at 22260 just got stopped out if you were long ,just games banks play to lure you in.
Break out traders should push Eur Pound through 87740 next
My next trade would be a Long from 22150 area old resistance/support stops for Longs.