After many days this pair is tradable again.
Price failed to hold above 1.000 and dropped about 500 pips.
Fundamentally the USD is still stronger despite some bad news this days and can reach and break the parity.
Here is a nice technicall point to try to long this pair again.
Weekly chart analisis, price is exactly at the main pivot point
Im being conservative and placed the SL below the point X of the gartley.
Target 1.000 is my main goal, you can place other targets or manage the trade according to your rules.
Best regards.
Price failed to hold above 1.000 and dropped about 500 pips.
Fundamentally the USD is still stronger despite some bad news this days and can reach and break the parity.
Here is a nice technicall point to try to long this pair again.
Weekly chart analisis, price is exactly at the main pivot point
Im being conservative and placed the SL below the point X of the gartley.
Target 1.000 is my main goal, you can place other targets or manage the trade according to your rules.
Best regards.