EURUSD SETUP

After friday decline EURUSD is trying to recover ( actually facing weekly pivot ).
I'm already LONG with a position opened at 1.0816 TP1 around 1.0920/.0930 (first weekly resistance).
Since in medium term i'm still bullish i also have a second target at 1.1045 ( if EUR will break above the red line).
If the price will be rejected I will sell.

invalidation below 1.0800

Today we will also pay attention for Draghi conference.

Comment:

Booked profit at 1.0909 for safety before Draghi speach.
Looking for PA to enter a new trade

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TP1 hitted.
now i will wait for the price to hit the red trendline and see reactions.
if the price will cross the line i expect at least 1.1011

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Most likely a new bounce back. but we need few hours for confirmation.

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News triggered my buy stop. CAUTION
It could be just a spike up

Comment:

FIRST TARGET FULLY ACHIEVED.

Comment:

FIRST TARGET FULLY ACHIEVED.