EurUsd- Could drop 150 pips
Updated
Yesterday, EUR/USD saw a sharp drop from the 1.12 level, reinforcing it as a strong resistance. The pair rebounded after touching the rising trend line, but in my view, it's only a matter of time before this support is broken.
In conclusion, I am looking to sell into rallies, targeting the 1.10 support, with a stop in place should there be a daily close above 1.12.
In conclusion, I am looking to sell into rallies, targeting the 1.10 support, with a stop in place should there be a daily close above 1.12.
Trade active
My sell on EurUsd has been a sniper so far.
Now, the pair is testing support once more
A break could lead to acceleration
Trade closed manually
Closed with minimum profit.
It held the trend line
We'll see tomorrow
Trade active
EurUsd on the verge of an important break
Trade closed: target reached
EurUsd is approaching my target.
Traders that are short could close the transaction and wait for NFP
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