The U.S. stockmarkets will open CET 15: 30 and the stock indexes can technically break up or down during the trading session that ends CET 22:00.
The Euros low so far is 1.3788, now trading 1.3824. During the U.S. session a lot can happen. If the big traders believe that a real break on downside for the Euro is a fact then you might see a sudden strong rally on upside to take out the short positions. Then a trial of the 1.3788 will occur.
FTSE seems to stay within its current small trading range just below the 8 Week MA. Dax has strong support at 5352 and might try the upside from here.
The Euros low so far is 1.3788, now trading 1.3824. During the U.S. session a lot can happen. If the big traders believe that a real break on downside for the Euro is a fact then you might see a sudden strong rally on upside to take out the short positions. Then a trial of the 1.3788 will occur.
FTSE seems to stay within its current small trading range just below the 8 Week MA. Dax has strong support at 5352 and might try the upside from here.
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