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charlieb410
Aug 16, 2020 7:59 PM

EUR/USD Short Term Trade Idea 

EUR/USDOANDA

Description

I'm continuing to look at areas between the 1.1700 and 1.1900 zones for support and resistance until a break of these levels occurs. Recently I have been using hedging technique more often with really good results, this way I can decide on my overall bias and let the market come to me in either direction. From a fundamental perspective, pretty much more of the same with the US government stuck in a dispute about stimulus, so I believe overall market sentiment will provide guidance especially with a light calendar this coming week. With that being said, this is just my own thesis, I'm still bullish on the EUR for now.
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