The Euro is in the driver's seat today against the US dollar (EUR/USD) as risk appetite returns to the forex market.
We took a trade yesterday, off the 0.382% Fib Level, we entered at around 10:00 GMT and have seen minimum movement in the pair.
We are targetting the 0.5% Fib Level and expect to bag 60 pips.
We took a trade yesterday, off the 0.382% Fib Level, we entered at around 10:00 GMT and have seen minimum movement in the pair.
We are targetting the 0.5% Fib Level and expect to bag 60 pips.
Trade active
Note
Hoping to see a rejection off 0.382 level and for price to move down towards our TP. We have news for both EUR and USD tomorrow and thursday which should help with volume.
Trade closed: target reached
Closed the trade @ 1.08131
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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.