Checking for news on Eur/USD some big names data out this week which should effect the Dollar,positive news should weaken
Support here at 24135 but I suspect 23724 will be next to be taken out.
Was a signal here at this break through,now it's pushing off 24250 mid point ,this is the 5 min time frame so be weary,some Traders trade from the Blue line to the mid point which is safer if your ok with smaller amounts of pips.
Round trip completed 120 pips profit.
80 pips so far on this short,keeping an eye on news
Interesting forecast from BAML 1.10 by April 1st.
US policy content to weaken the dollar,been talking about this for weeks,any major pullbacks longs will be diving in,shorts from the tops will be risky.
Live on Bloomberg ECB press conference
Some profit taking/closing of positions before ECB meeting.
I always look for large Buy or Sell bars we know this is banks pushing the price around to get a better deal/cheaper entry price but first push into stops.