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After ECB last night, this EUR pair is finally showing some movement

EURUSD before ECB Conference

Last night ECB conference, market is focusing on when rate hike in 2019 will happen. So it’s “through the summer”- Draghi literally said “through the summer” means through the summer.

This doesn’t change that we pointed out that EURUSD was in a resistance and that we shorted EURUSD, EURJPY and EURCAD before ECB. The only thing was a smaller trade size due to risk anticipated from the event. Still it was a great trade. Nice pips for that short duration.

 

shorted eurusd before ecb

After EURUSD moved down, this pair starts to show signs of movement too.

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