EUR/USD confirmed the exit from the channel valid since March 2nd. Theoretic target should be are 2430.
First strong obstacle already reached at R2.
On 15min chart monitor the pin candle, if the low is broken a short term correction will start.
First strong obstacle already reached at R2.
On 15min chart monitor the pin candle, if the low is broken a short term correction will start.
Trade active:
Broken the about 15 pips trading range btw 2399 and 2415, the projected target 2430) is consistent with the channel break
Trade closed: target reached:
Target reached and exceeded. keep stop under 2435 and follow manually for possibile extension to R3
Comment:
extended target R3 reached