i think the banks and smart money have given us enough evidence that the Dollar is becoming week on a D1 premises.
In relation to GBP being strong against the Dollar, eur lagged to be strong for the past weeks. Actually late last year.
So based on the two Buy setups formed on friday when market closed, my strategy is giving me high probable bullish moment to come on EURUSD
The following price ranges are my killer entries with low risk and high rewards for D1
Buy Setup one: 1.13900 - 1.13790
Buy Setup two: 1.13853 - 1.13494
Stop loss: 1.12750
Target 1: 1.14490
Target 2: 1.16250
Target 3: 1.17230
Further weekly targets are as follows:
1.20000
1.21538
1.22500
In relation to GBP being strong against the Dollar, eur lagged to be strong for the past weeks. Actually late last year.
So based on the two Buy setups formed on friday when market closed, my strategy is giving me high probable bullish moment to come on EURUSD
The following price ranges are my killer entries with low risk and high rewards for D1
Buy Setup one: 1.13900 - 1.13790
Buy Setup two: 1.13853 - 1.13494
Stop loss: 1.12750
Target 1: 1.14490
Target 2: 1.16250
Target 3: 1.17230
Further weekly targets are as follows:
1.20000
1.21538
1.22500