Rise up to 1,1230 before the next drop on EURUSD
Today, we're mainly looking at a possible retracement on EURUSD.
We think that price has formed a bottom and now we're about to see a move up to 1,1230, where we could look for selling opportunities.
For those of you who are trading against the trend, then I would say that this is a great opportunity for long positions with small stops.
I also recommend to move your stops to breakeven once you see price breaking above 1,1150, and also to watch out for possible end of the upside move.
Tomorrow, we're also expecting the NFP numbers, which are capable of causing big moves and that means we might see that downside continuation!
We think that price has formed a bottom and now we're about to see a move up to 1,1230, where we could look for selling opportunities.
For those of you who are trading against the trend, then I would say that this is a great opportunity for long positions with small stops.
I also recommend to move your stops to breakeven once you see price breaking above 1,1150, and also to watch out for possible end of the upside move.
Tomorrow, we're also expecting the NFP numbers, which are capable of causing big moves and that means we might see that downside continuation!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
