This morning thye euro is shown with an upward bias due to an unexpected increase in German IFO business climate. This data was giving strength to the euro in the last hours, more precisely from the start of the session Europe. Now, it still maintains the bearish perspective for this pair below the 1.3010, a psychological level, because at that level there is the point to measure whether the market is bullish or bearish. Therefore, we recommend selling at any level below 1.3010 with a stop loss in the 1.3050, our first objective we place in the 1.2877 support, also daily fractal, and our ultimate goal is at 1.2599 dollars per euro.
If you need personal consultation, Skype: gerardofx or contact me via e-mail: gerardo.porras@analytics.instaforex.com
