EUR/USD hit resistance at 1.13 and the upper trend line and is on the way back down. US is economically much stronger than Europe with higher interest rates. Bad numbers today from Germany - April industrial output -1.9%. We track the performance of every trade. This is idea n. 4 published on tradingview. We seek to have a risk/reward ratio of at least 2. So far one trade won, and together with this one three open trades. This is no investment advise.
Trade closed: stop reached
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Stop was too close, did not expect that. EUR falling again against USD. So far one trade won, two lost with this one open trade.