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Etong98

EURUSD 1H Buy

Long
Euro / U.S. Dollar (FX:EURUSD)  
Etong98 Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis
1
0
trendanalysis
Technical
  • Price hit short term upward trendline.
  • Key support/resistance reversal at 1.14900.
  • Long term trend still positive.

Fundamental
  • USD still weak, dovish signals from some FOMC members.

Strategy
  • 1st TP at 1.1535.
  • If 1st TP break, look for 2nd TP at 1.1560.
Comment:
PS. RSI and SO oversold.
Trade closed manually:
Closed with 20 pips profit at 1.5340 prior to US inflation data.
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