peakbroker

EUR/USD Daily Forecast (9th July)

Short
peakbroker Updated   
FX:EURUSD   Euro / U.S. Dollar
The price came to a strong hourly resistance, from which I expect to bounce back. The RSI shows divergence, and the excellent Risk-Reward ratio also supports the opening of the short position. Target price is the 0.5 level of Fibonacci, which overlap with a strong key level.
Trade closed: target reached:
Target reached, 20 PIP profit

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