Mark Wogan: Waiting on US mid-terms for EURUSD direction
Good morning traders.
Pretty much the same today as yesterday. We are still waiting for the results of the mid terms on Wednesday to provide direction and then the FOMC on Thursday. The final results won’t be out until Wednesday but there will be some states declaring late tonight. Watch out for any volatility as the results come in.
It was a fairly quiet Monday as we expected with one possible set up at around 1.1350 which was on our radar from yesterdays Diary.
So today I will simply post my charts, show you the levels I´m looking at and lets get on with it.
There´s no point talking when there´s nothing new to say.
The Charts
Daily Chart
Hourly Chart
Talk more once we get a clearer picture.