Athens:’NO IMF repayment until the deal is close:, “Lagardi nad Dragi will not attend the meeting?”, The European Commission’s top spokesman,Margaritis Schinas, confirmed that Juncker and Tsipras will meet tonight, to discuss the Greek crisis.
When Lagarde and Draghi are not attending, how can the ECB and IMF agree?
Yesterday we had the same historical pattern- Buy the Rumour , sell the fact. It is a neverending , repeating pattern of constant stop grabbers, resistance breakouts and fading moves.
I have warned many times and on my last LIVE webinar I have stated – Sell 1.1160 SL 1200. That happened yesterday.
Today, what I see is 1.1210-1.1230 levels to hold , and rallies towards the zone should be sold.
Technically EURUSD is still bearish on H4 timeframe while H3, 61.8, previous major swing are making 1.1210-1.1230 a strong zone which should hold. On fade, EURUSD could drop to test 1.0995 level which corresponds to previous breakout point and L4 confluence.
The analysis and the article presents Nenad's opinion. Remember, financial trading is highly speculative & may lead to the loss of your funds. Proper risk management is the Holy Grail of trading.
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