Potential Long to 1.0780
Updated
Moving horizontal / further consolidation above the blue long-run down trends, seems like it might break out and test 1.0780 level.
Trade active
Entered at good spot (1.0607), but feeling less optimistic about 1.0780 and thinking more along the lines of 1.0750. However it looks like there might be pull-back to 1.0650 before that happens. Thinking maybe to add second position then or lower, depending how things look.Trade active
Pull back was a lot stronger then expected. Entered another position, expecting/looking for at least retest of high around 1.0710.Trade closed manually
Top to bottom about 90 pips, didn't reach targets, but taking profit for now. Wanted to close out before the weekend with a new president, which has a small change of generating news that might impact rates. May reenter next week, depending how things look.
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