Time to start pricing Q3 hikes
Updated
By now you get the point, expecting dollar strength to enter into play over the coming sessions.
Keeping it simple in a technical sense with stops above the highs and initial targets at the low of the range. There are extensions here as low as 1.09 (I will be posting a zoomed out daily chart on EURUSD) for the move so be prepared to close partial positions rather than all to make the most of this leg.
To put it simply we are betting on the lows for the next 2 quarters in dollar being set already across most majors.
Keeping it simple in a technical sense with stops above the highs and initial targets at the low of the range. There are extensions here as low as 1.09 (I will be posting a zoomed out daily chart on EURUSD) for the move so be prepared to close partial positions rather than all to make the most of this leg.
To put it simply we are betting on the lows for the next 2 quarters in dollar being set already across most majors.
Trade closed: target reached
Very easy ride in this one.
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