EURUSD was trying to break 1.10000 when USA CPI data was announced, but it lost steam and now we have a pullback to the area below 1.09275.
After the pullback it was consolidating, now the market will show if it is ready to gain momentum and break the area near 1.09550.
If the market shows valid entries then go long either just below the area or when breaking above and then on retest of the area.
After the pullback it was consolidating, now the market will show if it is ready to gain momentum and break the area near 1.09550.
If the market shows valid entries then go long either just below the area or when breaking above and then on retest of the area.
Trade active:
Keep eye on the price, when it reaches the limit can buy or if good risk management even now.