Overbought EURUSD. Fair price = 1.10
Today was a low risk long, but EURUSD surge was aborted. It will probably drop again on Monday.
Long EURUSD after surge above the ascending channel.Good return/risk ratio.
As expected, long position holds. However the risk is now too high to enter the trade today for newcomers.
It will rather drop next week, new entries will be available.
Bullish channel crossing up bearish channel sends price higher for the next days.