KingTA

First trade of the week

Long
FX:EURUSD   Euro / U.S. Dollar
I’m in this trade already,
Currently up 0.75R from a 1% risk management strategy

I like the way price broke the top of that Asian session high and closed lower.
Price is already closing below previous weeks low.
I think the big news release at 09H30 NY time, will want to see some sort of reversal, so I’m anticipating another push lower to the next area of liquidity. Either way, that Black line, at 1.0725 is my target sometime during the week


Will update, trade idea.


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