EURUSD Trade Idea (13th February 2020)
Updated
Currency Pair: EURUSD
Timeframe: H1
Date/Time of Signal: 13th February 2020 / 1255hrs (SGT)
Review:
Yesterday (12th February 2020), Federal Reserve Chairman Jerome Powell's second day of testimony did little to support rate-cut hopes as the US economy remained in a good place.
EURUSD has been on a downtrend and the price broken through the Support zone of 1.0900.
Following the trend, trade signaled to sell EURUSD (Entry: 1.0867) with 3 Take Profit (TP) Targets (TP1: 1.0847, TP2: 1.0837, TP3: 1.0807) and Stop Loss (SL) at 1.0897.
Timeframe: H1
Date/Time of Signal: 13th February 2020 / 1255hrs (SGT)
Review:
Yesterday (12th February 2020), Federal Reserve Chairman Jerome Powell's second day of testimony did little to support rate-cut hopes as the US economy remained in a good place.
EURUSD has been on a downtrend and the price broken through the Support zone of 1.0900.
Following the trend, trade signaled to sell EURUSD (Entry: 1.0867) with 3 Take Profit (TP) Targets (TP1: 1.0847, TP2: 1.0837, TP3: 1.0807) and Stop Loss (SL) at 1.0897.
Trade active
updating: Following the trend, trade signaled to sell EURUSD (Entry: 1.0867) with 3 Take Profit (TP) Targets (TP1: 1.0847, TP2: 1.0827, TP3: 1.0807) and Stop Loss (SL) at 1.0897.
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