Forex EUR/USD Daily Video, January 03, 2024

Sive Morten

Special Consultant to the FPA
Good morning,

Short-term bullish context has been broken yesterday, supposedly due higher exposure to USD assets in new portfolios of investors. Now we do not consider any long positions, and expect that market hits 1.0880-1.09 strong daily support area:

I would expect $1.0850 as target for this week..but i did not take Sell as i wanted to see how Market reacted on 1st full day of trading yesterday...;). I did take Sell on AUD, Kiwi and i thought that they were overbought in December. I am already in good profits with stops at with FOMC and other Geopolitical surprises...anytime.! :cool: