Looks like we have a 2.61R potential trade in the Euro vs the Aussie dollar here. I'm long, thinking it can easily hit the target zone, considering that the 
EURUSD down trend signal in the daily chart has panned out, 
DXY hit the weekly target, and timing for a daily move in EURUSD has elapsed, implying a possible mean reversion or reversal move in that pair. 
AUDUSD is acting weak, and the ratio shows a good reward to risk high probability Timemode setup.
Seems like an easy win.
Best of luck!
Cheers,
Ivan.
EURUSD down trend signal in the daily chart has panned out, DXY hit the weekly target, and timing for a daily move in EURUSD has elapsed, implying a possible mean reversion or reversal move in that pair. AUDUSD is acting weak, and the ratio shows a good reward to risk high probability Timemode setup.Seems like an easy win.
Best of luck!
Cheers,
Ivan.
Trade closed manually
I've taken profits ahead of the close today.Will watch it into next week, perhaps we get a quick burst higher to then reverse or slow down for a while, very close to my target, really fast.
Trade closed: target reached
Target hit, retraced after I banked it, then today it quickly surged towards the target.
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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.