With positive NFP data release, dollar index is looking to make a temporary up move, giving way to an easy short for EURUSD
1.4094 is a key daily level and should act as strong resistance since price failed to hold above it.
I am leaning towards EURUSD going towards the clean double bottom to take out the stops, but keeping my trade short term and target is clearly marked at 1.3442 which is also another key daily level
Original idea by Pheneck
1.4094 is a key daily level and should act as strong resistance since price failed to hold above it.
I am leaning towards EURUSD going towards the clean double bottom to take out the stops, but keeping my trade short term and target is clearly marked at 1.3442 which is also another key daily level
Original idea by Pheneck
