EURUSD 200ma and the trendline from 19th june coincide with each other, this will provide extra resistance - I wouldnt consider a long trade until a clean break of this level which i dont think will come into play, but we never know eh.
Trade active
Trade closed manually
Will renter upon a clean break of 1.16Note
If price respects trend line I will look to short this pair, I will open a small position to protect me against the volatility the NFP will bring on Friday afternoon.
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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.