Grinding higher, there is no real zone for EURUSD t find aggressive buyers. We would need to see a high volume dip into some key levels and a flip in order flow.
The idea is just an idea for the time being as it would be crucial to see how price reacts when / if returned to these levels. It could well just snap lower and continue on with the medium term downtrend, however USD crosses have seen some buying post Jackson Hole where the only clear message was a rate hike is looking less probably for Septembers meeting.
Trade Safe.
The idea is just an idea for the time being as it would be crucial to see how price reacts when / if returned to these levels. It could well just snap lower and continue on with the medium term downtrend, however USD crosses have seen some buying post Jackson Hole where the only clear message was a rate hike is looking less probably for Septembers meeting.
Trade Safe.
Trade closed manually
First target hit at Asian highs, may push on further still.
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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.