TRADE IDEA: FXE JUNE 16TH 105/108 (?) SHORT CALL VERTICAL
Post-French elections, the fairly obvious thing to do is to think about shorting the Euro here or its proxy, FXE.
Unfortunately, we don't know exactly where FXE will open, but if the EURUSD chart is any indication, it will be in the vicinity of previous resistance at 105-ish. Similarly, we don't know exactly what this spread will price at, so I can't provide the metrics here until NY opens ... .
Unfortunately, we don't know exactly where FXE will open, but if the EURUSD chart is any indication, it will be in the vicinity of previous resistance at 105-ish. Similarly, we don't know exactly what this spread will price at, so I can't provide the metrics here until NY opens ... .