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josericaurte.jaen
May 4, 2019 9:03 AM

US Dollar against the rope in the short and medium term 

Euro Fx/U.S. DollarFXCM

Description

FX:EURUSD

A) Flow level protected (again) 1.1100, then after confusing NFP, 1.1130 set a new bottom.
B) Short-term trade targeting POC (Point of Control).
C) Hawkeye Roadkill Indicator.

Note: Nordea Markets was long with SL at 1.1185. So, they got stopped out last week. Not a bad trading idea, they got wrong the timing. Although, China's stimulus seems lacking conviction and broad impact. Still, there is room for a bigger upside correction in the euro.
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