Looking at the EUR/USD pair, we can observe an overall downtrend in the price. Currently, the price has broken downwards after a minor price consolidation. I anticipate the continuation of this trend and believe that the price will reach 1.08025.
Note
If you have decided to go ahead with this trade, I kindly ask you to pay close attention to today's Unemployment Claims announcement, which is scheduled for 2:30 PM in my time zone (GMT+02:00). Please consider setting the break-even point earlier or keep a close watch on the chart to see what unfolds. Based on that, you can make a decision whether to stay in the trade or exit. We might experience significant volatility, most likely.Trade closed: target reached
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.
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.