After the decisive move that the EURUSD because of NFP and other reasons the trend of the EURUSD has turned to the BULLS favor on the monthly chart the Stochastic is in the BUY zone and I am looking for a slight retracement this week with the BEARS trying for one last push downward. The point that I am targeting is the 1.1280 - 1.1200 area for a potential reversal, targeting the 1.1450 area as profit level 1 and the 1.1800 area as the profit level 2.
Risk/Reward Value 1:3 PT1 to 1:5 PT2
Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. CKC will not accept liability for any loss or damage directly or indirectly from reliance of information.
What are YOU fighting for?
Risk/Reward Value 1:3 PT1 to 1:5 PT2
Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. CKC will not accept liability for any loss or damage directly or indirectly from reliance of information.
What are YOU fighting for?