DK_Investment

EUR/USD - buy setup incoming

Long
FX:EURUSD   Euro / U.S. Dollar
Dear traders and followers,

welcome to todays EUR/USD analysis. Not much to say to this idea. DXY (Dollar Index) is near strong moving average resistance on weekly chart and has shown some bearish divergence signals on higher time frames which indicates an incoming trend reversal for the EURO.
All other important informations for this EUR/USD trade are drawn in the chart.

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Trade active
Comment:
moving SL into break even - position already in nice profit
Comment:
adding more after close above 1.15800 on 4 hour chart
Comment:
moving SL into profit 1.15578
Comment:
closing 33% of the position right now and moving SL up to 1.15841
Trade closed: target reached

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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