Europe

Massive EUR short opportunities 28th Aug 2014

There are massive shorting opportunities available tonight on the EURUSD as the market has taken a decisive action in light of the Jackson Hole Symposium’s Janet Yellen and Mario Draghi speech.
The pair have been travelling bearish with a 40 pip recovery during the 27th of August and have barely seen much for bulls. Post economic calendar events in Europe on the 28th Aug 2014 we should see strong bears taken over action prior to the US events. We never recommend speculative trading but historic patterns coupled with Jackson Hole where both the ECB and Feds indicated their currency targets this is a safe bet. Who are we to argue with the regulators?

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