Short, looking for a rotation toward the bottom of the range.
Technically Speaking
Cross blew through previous high prints before encountering selling pressure before parity.
The R/R favors a short position in my opinion.
I am personally short this pair. Looking for a move back down toward 98.
Cross blew through previous high prints before encountering selling pressure before parity.
The R/R favors a short position in my opinion.
I am personally short this pair. Looking for a move back down toward 98.
Trade closed manually:
I closed this trade for a small profit. My lead was like 2 pips. I do not like holding a small lead or an open trade loss going into a big report like U.S. GDP.
