dcm2020

EUR/USD just made a re-test of broken channel!

FX:EURUSD   Euro / U.S. Dollar
Hi Traders,

This weekend I posted my charts about the EUR/USD breaking a massive channel (look at the linked chart here) and I said that I was hoping to see the Euro going back up to make a 're test' of the broken channel from outside and we did it today. I have my short already in play and now waiting for the Euro to break that Friday low and go probably to 1.0850 at least! My stop loss is very close which is amazing, at the moment at 1.1095.

I hope this helps, good luck!

Thiago Duarte
Chief Strategist at Duarte Investment Group
thiago@duarteinvestmentgroup.com
@thiagotrader
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