Probably not a good trade and probably due to overtrading, we have been slightly bearish this pair for the last week or two and would expect move to downside so entered short at retracement, has subsequently blown through this level and stops are tight so we will see.
Note
USD pulled back across all pairs overnight and would expect at the least a retest of 111.996
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.