With the Violent News (NFP) there was a huge Liquidity inflow, a lot of technical out looks were reset and the USD, might have finally taken a new direction. With Powels outing and the Non Farm Payrolls beating estimates, the Dollar might edge higher.
Concerning our trade, we had a comfortable stop loss also place above a psychological resistance. Despite the drawdown, we are still in the position and will see the EUAUD edge lower as expected.
Frånsägelse av ansvar
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.
Concerning our trade, we had a comfortable stop loss also place above a psychological resistance. Despite the drawdown, we are still in the position and will see the EUAUD edge lower as expected.