Here is what to expect from EUR/USD
EUR/USD triggered our sell stop from our previous analysis @ 1.20300 and fell to 1.20200 before returning back to 1.20600. We banked 200 pips at 1.20200 with 20 positions opened.
We expect EUR/USD to continue to short and fall back to 1.19 range in the coming days.
EUR/USD is still within the descending channel
We have opened similar sell stops from our previous analysis.
Sell Stop @: 1.20300
Sell Stop TP 1 @: 1.20000
Sell Stop TP 2@: 1.19500
If EUR/USD breaks resistance in the 1.20600-1.20800 range we expect it to go back to 1.21 range. We have buy stops opened incase EUR/USD breaks above resistance
Buy Stop @: 1.20900
Buy Stop TP 1 @: 1.21100
Buy Stop TP 2 @: 1.21500
EUR/USD triggered our sell stop from our previous analysis @ 1.20300 and fell to 1.20200 before returning back to 1.20600. We banked 200 pips at 1.20200 with 20 positions opened.
We expect EUR/USD to continue to short and fall back to 1.19 range in the coming days.
EUR/USD is still within the descending channel
We have opened similar sell stops from our previous analysis.
Sell Stop @: 1.20300
Sell Stop TP 1 @: 1.20000
Sell Stop TP 2@: 1.19500
If EUR/USD breaks resistance in the 1.20600-1.20800 range we expect it to go back to 1.21 range. We have buy stops opened incase EUR/USD breaks above resistance
Buy Stop @: 1.20900
Buy Stop TP 1 @: 1.21100
Buy Stop TP 2 @: 1.21500