Like anything ending with USD, it looks like EURUSD has maintained it's upward momentum past local S/R lines. My bias is favoured toward the upside until around the 1.08700 mark.
If there are clear signals this week, I will initiate a long position targeting key resistance as my final destination. Then I will look to short from there.
Good luck everyone!
If there are clear signals this week, I will initiate a long position targeting key resistance as my final destination. Then I will look to short from there.
Good luck everyone!
Trade active
Long - 1.07126S/L - 25pips
1st T/P - 1.08000
2ns T/P - 1.08700
Trade closed manually
EURUSD seems pretty quiet before Draghi's speech today. I am closing this out to minimize my risk as I have other USD positions open.+32 pips
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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.