Two reasons for the sale of euro

Events that should be paid to today: Not expected to be important macroeconomic statistics. EURUSD: Growth of quotations to the nearest resistance levels are advisable to use to open the SELO positions for two reasons. First, on the interbank in London, the dollar interest rates of LIBOR updated the seven month maximum, which indicates the high interest of bankers to the American currency. Secondly, I expect the continuation of the downward trend in gold, which Also negatively for the European currency, since assets historically correlated. Investors will continue to get rid of the yellow metal on the expectations of the growth rate of the US FRC. Against this background, gold can test $ 1770 for ounce. Trade Recommendation: SELL 1.1237 / 1.1259 and Take Profit 1.1195. .

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