As expected in our last analysis, the EUR continued its downward trend this week and reached our second target precisely. From a technical perspective, the market is now significantly oversold, and we can anticipate a correction upwards for the remainder of the week.
Note
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Note
The position is currently slightly in the red at around 30 pips. We're looking at the London opening tomorrow. If necessary, the position will be closed if the market shows no upward strength.Note
We remain in our long position. Sellers are burned out.Trade closed manually
Position closed with small profit of 6 pips... weekend guys... Monday still long bias... and looking for entry
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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.