EURUSD SETUP
Updated
After friday decline EURUSD is trying to recover ( actually facing weekly pivot ).
I'm already LONG with a position opened at 1.0816 TP1 around 1.0920/.0930 (first weekly resistance).
Since in medium term i'm still bullish i also have a second target at 1.1045 ( if EUR will break above the red line).
If the price will be rejected I will sell.
invalidation below 1.0800
Today we will also pay attention for Draghi conference.
I'm already LONG with a position opened at 1.0816 TP1 around 1.0920/.0930 (first weekly resistance).
Since in medium term i'm still bullish i also have a second target at 1.1045 ( if EUR will break above the red line).
If the price will be rejected I will sell.
invalidation below 1.0800
Today we will also pay attention for Draghi conference.
Note
Booked profit at 1.0909 for safety before Draghi speach.Looking for PA to enter a new trade
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Note
TP1 hitted.now i will wait for the price to hit the red trendline and see reactions.
if the price will cross the line i expect at least 1.1011
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Note
Most likely a new bounce back. but we need few hours for confirmation.Note
News triggered my buy stop. CAUTIONIt could be just a spike up
Note
FIRST TARGET FULLY ACHIEVED.Note
FIRST TARGET FULLY ACHIEVED.
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