Market Assessment - EURUSD

On reviewing the economic calendar today, there are NO reports of HIGH importance due out today. In terms of global news, we have to watch the situation in Syria and North Korea closely. The actions of USA, Russia, China & Iran in these countries could have an impact on global markets.

Looking at the EURUSD 5min chart, the Market is currently trending sideways between the Pivot Point and S1. I have placed a pending BUY order just above the Pivot Point and a pending SELL order just below S1, see chart.


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