EURUSD made a nice uptick move in the weekend. If you are a Day-timeframe trader and you get the opportunity to enter close to the 1.12-1.121 price point on Monday, it's a good trade to take. The chances of breaking above 1.13 look promising, so an entry in the low 1.12's with enough margin (if you're a futures person), could be quite lucrative.
That's it!
That's it!
Trade active:
It touched the 1.12 barrier, so we are long put strike at 1.13
Comment:
Sorry, I meant long call :) My bad..