EURUSD opportunity to SHORT
Updated
EURUSD has reached monthly high in July 2020. It's gaining mainly due to the QE and easing monetary policy. This pair could go higher but it will time.
1. Travelling in the uptrend channel
2. Broke previous high and reached new high this month. Resistance in the price level + channel top
3. MACD H1 crossing
Opportunity to short till the bottom of channel at 1.130 or further drop 1.128
1. Travelling in the uptrend channel
2. Broke previous high and reached new high this month. Resistance in the price level + channel top
3. MACD H1 crossing
Opportunity to short till the bottom of channel at 1.130 or further drop 1.128
Note
Target achieved in 4 hours. Nice trade.
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