Happy Monday Traders,
Recent volatility remains our number one concern. While providing opportunities, this type of volatility is unwelcome. The current theme remains to be of risk appetite/aversion as bulls and bears continue to fight out for direction. The trend remains in favor of the buck and we are once again looking to enter the market long dollar positions. The dollar weakness we saw on Friday and on todays open is most likely the retracement from the recent rally. Were looking forward to trading the NFP live this Friday; looking for further dollar strength throughout the week.
If youd like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the members area. Please visit us at www.spoteuro.com