EURUSD broke the descending triangle on 4h timeframe with a nice bullish candle. Lets see how price reacts to 1.0880 resistance which has held very well in the past two weeks. If price manages to break this area then we can buy euro with first tp at 1.0980 and second tp around 1.114
Trade active:
Price broke 1.0880 resistance with a huge bullish candle and now is close to hit the first tp.
Comment:
Closed the trade around 1.0945 after Trump comments on China, markets can switch to risk off mode for today.