UmarAbdurRehman

EURUSD Christmas Trade

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD have been trading in a narrow range compressing channel from over the past few days - it fell quite sharply this morning breaking out the compressing channel base, i am expecting the market to revisit its prior lows around 1.1215. So wait for the market to retest the broken base and consolidation to then shorts.

Trade Safe!
Good Luck.
Order cancelled:
EURUSD didn't form consolidation near the base of the broken channel, didn't trade this market. Anyway looking forward towards today's FOMC.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.