ovisbucks

EUR/USD Short Swing Trade

Short
FX:EURUSD   Euro / U.S. Dollar
A swing trade Short on EUR/USD. Have entered yesterday currently at 30+pips profit. However I will follow up on this trade as with all my other trades the fundamentals as I am expecting volatility on this pair due to the eurozone issue that Brexit and the fairly weak Euro is causing and the Dollar expecting rate hikes (although chances lower now due to NFP) will all contribute to volatility and possible indecision also.

My first target would be around 1.12200 then onto my end target for this trade at 1.11253. Lets hope this time fundamentals support my bias as in my previous post on EUR/USD hit BreakEven after 3-4 days in profit.

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