EURUSD lost 1/8th of its value since 2018. Apparently, it is struggling to go lower beyond that mark. It seems reasonable to be looking for targets above. Around 1.07 is the optimal area to get into long exposure with a 1R target @ 1.09 and 2R @ 1.11.
Trade closed: target reached:
Booked 2R return @ 1.11
