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stk2fx
Mar 15, 2016 9:31 PM

Is EURUSD poised to make 100 pips move upwards? Long

Euro Fx/U.S. DollarFXCM

Description

Will EURUSD will make 100 pip move upwards next couple of days? Hard part of currency is to estimate how far against it won't go. Safe estimate is it shouldn't touch 1.09750 price point before it touch 1.12000 target price. Now the risk to reward may not be good enter now. So I would wait for good long entry setup..

This is neither a recommendation nor advice to make any specific trade.

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Comments
stk2fx
Price touched my first target 1.12000 before touching 1.09750. It did give me nice entry point for better risk to reward ratio. More than 120 pips in a day !
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