EURUSD: closed short for +33 pips

23 Sept, 22.17 gmt

The EUR does not seem to want to go down even with Draghi’s encouragement. Therefore, better get out.

Closed long at 1.3494 for +33 pips.

Logically, if it is not going down, this should be a good level to go long, but the chart looks too uncertain to suggest a long at this level. We may see sideways movement with a slight bullish bias.

Still holding cable long. Cable’s price action looks bullish.

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