EURUSD
Last week our call for shorting this pair was right.
EUR fell due to ECB bond buying programme & the initial strength of the dollar beginning of last week.
Bad data figures on productions last week will backed This week GDP data to release be on Friday to be ''Bad''
''Short term'' buying opportunities if 12SMA crosses above the 26SMA, exit trade in 2 days.
If 12SMA bounce off 26SMA = Short the pair. Watch out if pairs breaks out of strong support at 1.0761 to continue its long term trend direction or continue to dance in rangebound.