EURUSD POTENTIALLY BEARISH
We saw a massive strength gain to the USD yesterday which shifted a lot of expectations in the market direction. The previous low @1.07682 on 
EURUSD was broken and now we are seeing market back at the zone again for a retest. If the zone holds as a new found resistance, and we see some form of price action candle to confirm the exhaustion of the retest, I will go in for a short (sell) with targets at 1.05147 and 1.00773. Until then we keep our fingers crossed.
For every position you look to trade, use proper risk management as past results does not guarantee future results. #EURUSD
EURUSD was broken and now we are seeing market back at the zone again for a retest. If the zone holds as a new found resistance, and we see some form of price action candle to confirm the exhaustion of the retest, I will go in for a short (sell) with targets at 1.05147 and 1.00773. Until then we keep our fingers crossed. For every position you look to trade, use proper risk management as past results does not guarantee future results. #EURUSD
Trade active
EURUSD ended up retesting the 1.08248 area, and a sharp rejection followed almost immediately. At this point, we are in some profit of about 90 pips, I will recommend a break-even on this trade or better still trail your stops and ride the tradeTrade closed: target reached
Targets reached for me with about 252 pips, if you must remain in the trade, lock down some profit and trail your stops
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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.