danmo68
Long

Trading the retracement

FX:EURUSD   Euro Fx/U.S. Dollar
43 0 0
EURUSD             has been in a slight down trend fueled slightly by last weeks NFP data. If the down trend is correct then price should touch S2 then retrace back up to this weeks pivot point.

The DXY             has been showing some positive growth this week thus far.

If i am correct then there is an opportunity for around 85 pips. A buy trade should be initiated after conformation of the retracement.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out