EU is still below the daily downward trendline, upward movement is just a PB and in the range of 1.01550 to 1.01900 with sl 1.02100 I'm expecting the price will fall as fundamental in EU zone hasn't been changed. furthermore, in the range cited above, we have a powerful level at the intersection of daily trendline and 4H resistance. If this analysis comes true it is quite reasonable to sell eu. Do not even think of buying it.
What do you think?
What do you think?
Trade active:
I opend a position at 1.01.
Trade closed manually:
within 4 days, CPI of the US is ahead. I closed my position with 60 pips, as I believe we have another jump up before falling. Actually, it fell too soon. I expect to see at least 1.01700
Trade active:
opened my position at 1.01900