EURUSD, LOOK FOR MORE BUYS ON THE RETRACE
Hello all,
EurUsd broke out higher off of resistance on the Daily Chart, which was the previous LH from March 17-18. Right now the pair is hitting another resistance. 1hr Fib shows a retrace to about 1.1980ish - 1.1990 ish. Look for price action and make your own determination if to place longs on this pair. My opinion is that this pair will retrace and push higher from resistance.
I am not a financial advisor, this is simply my opinion on EURUSD based on technical analysis and information a read and listen to. Good luck to all!
EurUsd broke out higher off of resistance on the Daily Chart, which was the previous LH from March 17-18. Right now the pair is hitting another resistance. 1hr Fib shows a retrace to about 1.1980ish - 1.1990 ish. Look for price action and make your own determination if to place longs on this pair. My opinion is that this pair will retrace and push higher from resistance.
I am not a financial advisor, this is simply my opinion on EURUSD based on technical analysis and information a read and listen to. Good luck to all!
Trade active:
I went ahead and pulled the trigger on a long at 1.2003
Comment:
Trade active:
Alright ladies and gents, I am leaving this open with a TP of 1.2120. You all have a great weekend and stay safe.
Alright ladies and gents, I am leaving this open with a TP of 1.2120. You all have a great weekend and stay safe.
Trade closed: target reached:
Okay, I am currently out on this trade, 127 pips as I kept it rolling a bit longer.
