We see a nice wedge forming. Is it possible to that the existing bullish trend line will break? If the bullish trendline breaks we will see a nice reversal or breakout and it will be great for your account. Currently at a strong resistant area. Dollar showing weakness.
Handel aktiv:
We are still in the trade. Should support are 1.01 be broken, we will add more to this trade. It is called "pyramiding"
Trade stängt manuellt:
We closed at 1.01175. We are waiting for a retrace and will enter again at 1.02059. We will also short USDJPY on retrace.