It looks like the 1,1345 break is happening right now. And it is Friday, end of week, so possibly the weekly candle will be too. Let's see how US will join this game today. Will American bears try to deny/pretend/protect, or will they capitulate against increasing investors.
- Price above Kijun Sen and trying to break above Kumo, strategic and horizontal res. lvl .
- Heikin Ashi daily signal is firm with increasing momentum!
- Weekly Heikin Ashi close will possibly be .
Pls check all other USD crosses too! Choo-choo! Reversals all around.
I trailed my stop slightly above my original entry. I cut off my GBPUSD longs though, as I am for both pairs. I opened EURGBP long instead.
From now on my strategic trade idea is: short USD and GBP, hold longs against them as a basket of other ccys.
Yesterday we had Kijun retest. Today candle will be important. I will post updates on EURUSD later today.