A lot of short positions are likely going to get hammered here. We expect price action to make a bullish move higher to retrace back to the US Election high area to at least the 1.1256 level over the next several weeks.
Trade closed: target reached
After some patience and letting this trade develop....our target level has easily been reached at the 1.1256 level. Nice long trade here... thecharttraders.com
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.