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.
Note
Overall the market will go down. This is just a quick long trade. Note
bad entry, stop 1.0900Trade closed manually
Closed at +- 0 pips.
Not clear whether it will move to 1.0966 before the down movement.
Now we are looking for some down movement entries.
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