After the news last night, we saw a major sell of the USD. Our system triggered a sell entry early this morning (during the Asian session), which seems to be valid from a technical point of view. Since it did break the support level of We 108.935, and closed below it. That indicates a further movement to the downside, to the next support: 108.381. We opened our position with TP: 106.929, and SL: 109.890.
Levels to watch for on the 4H TF:
S1: 108.381
S2: 107.898
S3: 106.912
Trade Safely!
The Forex Farmers.
Levels to watch for on the 4H TF:
S1: 108.381
S2: 107.898
S3: 106.912
Trade Safely!
The Forex Farmers.
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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.