Technically Speaking
Cross blew through previous high prints before encountering selling pressure before parity.
The R/R favors a short position in my opinion.
I am personally short this pair. Looking for a move back down toward 98.
Cross blew through previous high prints before encountering selling pressure before parity.
The R/R favors a short position in my opinion.
I am personally short this pair. Looking for a move back down toward 98.
Trade closed manually
I closed this trade for a small profit. My lead was like 2 pips. I do not like holding a small lead or an open trade loss going into a big report like U.S. GDP.
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Related publications
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.