EURUSD made a nice uptick move in the weekend. If you are a Day-timeframe trader and you get the opportunity to enter close to the 1.12-1.121 price point on Monday, it's a good trade to take. The chances of breaking above 1.13 look promising, so an entry in the low 1.12's with enough margin (if you're a futures person), could be quite lucrative.
That's it!
That's it!
Trade active
It touched the 1.12 barrier, so we are long put strike at 1.13Note
Sorry, I meant long call :) My bad..
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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.