wnsda

Euro resistance to hold

Short
wnsda Updated   
FX:EURUSD   Euro / U.S. Dollar
Warm welcome traders,

Thinking horizontal resistance to hold after selling through a pitchfork.

Cheers.
Comment:
...as a moderate to high risk trade.
Trade closed manually:
Some strength in correlated markets, out for evens.
Comment:
Should have kept initial plan to enter at EURUSD(nzdusd(69.97))~1.1872. Even then could see EURJPY with impending USDJPY downturn creating more likely uplift to EURUSD, and in hindsight the droppoint of that pitchfork at a notch less than 1.1882 was the safe entry. However, wanted a near guarantee trade to desensitize, as still trigger shy from the better low risk opportunities occasionally spotted.
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