Our long term outlook for the pair is bullish based on technical analysis and a weakening US dollar . The economic announcements scheduled at the beginning of this week will determine our potential long position entry. There may be a bearish and/or a scalping opportunity on a shorter time frame.
Trade closed: stop reached
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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.