mardi 23 août 2016

EUR/USD Short Term View Ahead of Euro-Zone Markit PMIs

Talking Points:

- EUR/USD trading above 1.13 after finding support below the level yesterday

- Euro-Zone PMIs are in focus for the hours ahead

- Yellen speech on Friday could be the main event risk on the docket

The EUR/USD is edging higher after finding support below the 1.13 figure yesterday, as the pair's post-Brexit recovery continues.

Brexit seems likely to be in focus again today as we look ahead for Euro-Zone Markit PMIs for possible Brexit influences.

Against this backdrop we will form our outlook and look to find short term trading opportunities using different tools such as the Grid Sight Index (GSI) indicator.

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EUR/USD Short Term View Ahead of Euro-Zone Markit PMIs

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