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#EURUSD: Waiting US GDP

FX:EURUSD   Euro Fx/U.S. Dollar
1822 1 42
The market awaits US data on GDP, and expectations are for a downward revision.
Our priority must be to managing our trade, we do not know if we will reach our target, but we know it will still be a winning trade.
Technically speaking, we are still in a downtrend, and could be confirmed by AB = CD no impulsive (1-2-3-4), while AB = CD impulsive (AB = CD) has as its first target around 1.1050 area.
As we have said, our attention will not be focused on the target, but the trade management (support) because someone said: "...cut your losses and let your profits run !!"

Look at our Analysis about setup:

$EURUSD: Reverse pattern research (Part II)

We hope that our analysis has helped you in your work, if this were the case, we hope in a your "I Like" ...
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great analysis signalsuisse!
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