Euro / U.S. Dollar

Short

Euro decline today

By rbtradesdaily

Updated

Expect high for today already in, but should be capped by yesterday's high. Price to re-test MA20, lower channel of BB and simple 50 % fib retracement. Preferred targets given on chart.

Trade active

Right at resistance 1.1590. Good shorting opp with a tight stop

Trade closed manually

Would have lost this, unless hedged. Stops being hit feels like a wall of worry being scaled today.

Note

Would like to see a closer test of 1.1626 rest of day of Thursday.

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