Hey tradomaniacs,
previous breakout of the consolidation could give us a nice opportunity to follow the momentum as soon as structure gets re-tested.
Since EUR/USD gets traded around the parity I`m very cautious with shorts as price could get stabilized and manipulated by the ECB as the reputation of Lagarde & Co is already suffering.
However, technically a good chance if confirmed to trade down to the key-support-zone with a nice Risk-Reward.
previous breakout of the consolidation could give us a nice opportunity to follow the momentum as soon as structure gets re-tested.
Since EUR/USD gets traded around the parity I`m very cautious with shorts as price could get stabilized and manipulated by the ECB as the reputation of Lagarde & Co is already suffering.
However, technically a good chance if confirmed to trade down to the key-support-zone with a nice Risk-Reward.
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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.
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.