EURUSD LONG
A long position on EUR/USD was opened due to bearish sentiment driven by weak economic data and concerns about deflation in the Eurozone. Technical indicators, such as a breakdown below key support levels and negative momentum, reinforced the decision. Additionally, diverging monetary policies, with the Federal Reserve tightening and the European Central Bank maintaining a dovish stance, suggested potential for EUR depreciation against the USD.
Trade active
Still in long.Note
Target: 1.0950 (at least)Trade active
TP: 1.10Trade closed: target reached
Better to take profit now. Maybe there will be some other entries.Take profit: 1.0952
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