So far this week, the usd has remained relatively strong against the euro but is now testing the key 1.10 support level once again. I am watching the daily chart as always for overall market direction/conditions, but looking at the 4 hour for entry timing using simple moving averages to trade a bounce or break of this key level. If the bounce occurs, tp1 would be at 1.11, tp1 for the break would be 1.0950.
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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.