So, the last day of the week and the last day of the month has come. Interesting mixture! What do I expect for today. Now, you must know that I like going with the flow and wherever market takes me. If the news pushes Euro up, I go up. If it pushes Euro down, I will go down. Be prepared to trade in both directions by using limit orders. 9:00 GMT is approaching very fast. Two hours left.
I was inclined to think that Euro will fall by the end of the week, but looking at price action it is not likely. Both eur/usd and even eur/gbp look pretty strong now. So, let us follow the rule of following market first. And let us leave our opinions for the next time.
And do not forget that news from Canada will also have serious impact on the market. That is due at 12:30 GMT.
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