pips4peeps

EURO DOLLAR ON THE MOVE

Kort
FX:EURUSD   Euro / USA-dollar
Happy Friday Peeps🔥

Quick update on yesterday’s EURUSD analysis. Price did retrace back to 0.9808 & triggered my SELL LIMIT order. Initially I entered with a 25 pip stop loss however I did widen it to 50 pips once I heard that Liz Truss was to resign as UK PRIME MINISTER.

Price is now floating 50+ pips in profit (1:1 Risk/Reward) in what is to be a 300 pip SHORT trade.

Price is still about 230 pips away from my overall target of 0.9500. So I will be looking to scale into other SHORT POSITIONS should price allow it.

Appreciate your support in getting to 100 followers by the end of the year. We’re already past 50 followers, you guys are legends. Enjoy your weekend🫡

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