fxstraderomi

Long EUR/USD

Long
fxstraderomi Updated   
FX:EURUSD   Euro / U.S. Dollar
0
I see value here in buying EUR/USD Pair around 1.0720 Target 1.0780 Stop loss 1.0690

Rationale

Draghi's dovish comments failed to keep the pair below 1.07.
On hourly chart, we have an inverted head and shoulder formation with neckline resistance around 1.0777.
Trade closed: target reached:
Target achieved, Profits booked

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