If you think EUR is going to reverse this could be a good opportunity. stops have to go below 1.118. I entered with small size trade at 1.1208.
Price is it obvious resistance and struggling Im selling at 60.13 with sl at 60.50 first target at 58
I added on more long position sl at 0.7190 Today we have RBA speech
On the other hand if you think it's gonna be risk off this week this could be a good pair. It encapsulate both Brexit and China.
Same as on USDCAD pink zones are support i'm going to buy in those zones this week. Note China's economic situation influence substantially on this pair therefore US China trade negotiation will influence this pair havely. Unfortunately stops have to go below wS1 at 0.71580.
Pink zones are resistance i'm going to sell in those zones this week. In my opinion much better pair than EURUSD.
I entered long position with sl below 1.143 first target is wS1at 1.1510
I enter long position at 0.7150 already moved my stop at 0.7130 tp will see. Asian session has AUD data and tomorrow we have FED
I entered short position at 52.300 with stop above 53.00 and target at 50.
Previous resistance becomes support sl have to go at least below 1.140 tp is at 1.170
As long as price stays above 82.7 im buying I entered small trade on retest ws1 and i have a long trade order at 83.3 all stops have to go below 82.7 Be careful today is RBA
Price bounced from 50 zone note it created slightly higher low and higher high. sl have to go below 50 first tp 55 Previous trade closed at -10p because i moved my sl however i entered again at 50.3 and im entering another one. Note however i'm trading with smaller size because i'm trading both against larger time frame trend and fundamentally i'm a bear.
Perhaps price will retrace back to 55 50 is major price level sl have to go below 50
While im bear on USD i'm also bear on GBP maine reason is fundamental Brexit im treating this trade as a hedge i have short order at 1.2880 with sl at 1.2940
I got stop out on previous trade with +1 pip Im entering long position at 0.6780 sl is below 0.6720 however you can also use 0.6750 or ws1 pivot for stops