Sold @ 1.2012
TP: 1.1850
SL: 1.2065
EURUSD remains offered and therefore I sold the break of 1.2012 fibbo support level.
We saw a dead cat bounce yesterday and the small rally failing up at 1.2055-65 area suggesting that the top is in place for now.
Strong US data helped the dxy close above the 91.00 pivot level suggesting its all systems go until 92.00 level.
We should continue to push lower towards the 1.1950 final fibbo support and if that fails, 1.1850 opens up and starts to look promising!
Goodluck!
TP: 1.1850
SL: 1.2065
EURUSD remains offered and therefore I sold the break of 1.2012 fibbo support level.
We saw a dead cat bounce yesterday and the small rally failing up at 1.2055-65 area suggesting that the top is in place for now.
Strong US data helped the dxy close above the 91.00 pivot level suggesting its all systems go until 92.00 level.
We should continue to push lower towards the 1.1950 final fibbo support and if that fails, 1.1850 opens up and starts to look promising!
Goodluck!
Note
stopped @ 1.2065
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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.