EURUSD may continue the descending wave in next few hours, probably after touching the 1.106 resistance .
The target will be around 1.078, the lowest price happen on 20 Feb 2020. A more powerful rebound is expected to happen at that level.
There is a trading strategy for short position, sell limit place around 1.105- 1.106,or market sells , stop loss at 1.110,take profit should be around 1.09 or more aggressive 1.08.
The target will be around 1.078, the lowest price happen on 20 Feb 2020. A more powerful rebound is expected to happen at that level.
There is a trading strategy for short position, sell limit place around 1.105- 1.106,or market sells , stop loss at 1.110,take profit should be around 1.09 or more aggressive 1.08.
Trade closed: target reached