EURUSD HAVE CLOSED BELOW THE 2 WEEK UPWARD SUPPORT! NOW WE ARE LOOKING FOR IT TO BREAK THE HORIZONTAL SUPPORT ( BLUE LINE) before considering entering short if the break holds and does not retrace ( false breakout!) The trend is your friend and even tho the last 2 week have had upward momentum the overall bias on the daily chart is downward. Knowing this we would like the EurUsd to go back to its prior resistance of 1.092. RISK reward of this trade will be 3.6 or so!
Remember; the trend is your friend!
Stay safe and enjoy!
Remember; the trend is your friend!
Stay safe and enjoy!
Trade aktif:
Currently active in trade and running in profits