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MMQ_FX
Feb 3, 2020 2:13 PM

EURUSD - Drop to 1.10000 Short

Euro Fx/U.S. DollarFXCM

Description

Posted this late - was meant to publish last night before the move began.

EURUSD still downtrending on higher timeframes. By condensing to 4hr we see a clear rejection of the 1.11000 psychological level in line with our trendline and resistance-turned-support zone.

Next area of support is the 1.10000 psych level, I'll be monitoring this area for profit taking.

Trade closed manually

Closed trade at .500 - price action choppy around the mid-psych level.

Comment

Target reached! Shame I closed this trade early.
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