FX:EURUSD   Euro / U.S. Dollar
52 1 4

The rapid parabolic hike of Euro             halted at 1.12, an important level marking the bouncing point of 23 January. The strong support represented by the bottom yellow line proved itself after the second attempt for a break-out and Euro             advanced             to the next cable.

Now is a nice time to short Euro             against U.S. Dollars with considerably small risk. This is a weekly target.

However, if the upper green line breaks, we are going to update our chart and change our positions to long.

This is our first trade at TradingView. We will introduce ourselves in our next trading idea.

See you soon!
Tomorrow, SL is 1.1090. Let's wait for 1.08 to take profit.
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