FX:EURUSD   Euro / Dolar A.S.
EURUSD will be correcting with a mid term target of 1.153 because we expect a surge on the dollar. The reason is because THE ECB is not expecting to raise interest rate until 2019 and quantitative easing was extended until the end of 2018. The dollar is expected to raise rate 3 time in 2018, 2 time in 2019. However, the FED'S are hawkish but at the end if all data depended. The reason is the trump tax cut why?: Higher Employment = Higher Wages = Money = Higher Consumption = Higher Demand for goods = Higher Price = Higher Inflation = Higher Rates. Im expecting a mid term retracement between .5 of 1.133 - .62 of 1.151.

Position
Sell EURUSD
Entry 1.1845
SL 1.1915 75 pips
First TP 1.167 175 PIPS
Second TP 1.15 345 PIPS

Please watch the price action becuase 1.1817 might be an entry as well.
Penafian

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