In today’s Tip TV Finance Show, Dr Corvin Codirla, Founding Partner at CCFX, speaks on the problem with risk-reward ratios, the possibility of an upside move in EUR/USD, and why EUR crosses remain a better trade.
Key Points
Problem with risk-reward ratio
It’s not about where market is going, but where the big jump is going to be
EUR/USD: difficult to break below 1.06. Short-covering risks ahead
Look at crosses – EUR/AUS remains a better trade with expectations increasing that the RBA will hold rates ahead