EURUSD Long
Updated
Long with Cluster Zone as target.
Position split to 2. First order market. 2 orders below the range that had formed in the morning, at a low of 1.0825.
2 Build an order with a limit in the market or gradually over several partial positions. Below the low are several old value zones that should provide support. There are also some important dates on the calendar today that could give the EUR a boost up.
There could be a downward spike that you can use to get better prices.
On weekly and monthly charts the EUR is gaining strength. So my bias is Long
Position split to 2. First order market. 2 orders below the range that had formed in the morning, at a low of 1.0825.
2 Build an order with a limit in the market or gradually over several partial positions. Below the low are several old value zones that should provide support. There are also some important dates on the calendar today that could give the EUR a boost up.
There could be a downward spike that you can use to get better prices.
On weekly and monthly charts the EUR is gaining strength. So my bias is Long
Note
I hope you were able to collect cheaply under the range. As I wrote today, the EUR is going up. There are still about 26 pips to the Target zone. I'll probably close 70 percent then.
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