Update from previous post. I’m euro 0.09%bullish mostly because it has been one of the top-performing currencies in the past weeks, likely drawing most of the safe-haven gains away from the shaky dollar. To top it off, anticipation for an ECB hike continues to keep the shared currency supported.
On the flip side, the Kiwi is on weak footing owing to the RBNZ’s...
WAITING FOR POWER BOUNCE OFF THE 50EMA TO BREAK THE 'BULLISH' FLAG.
TARGET IS AT 1HR 261.8 (GR4D)
STOP LOSS: 90.600
(currency strength still shows JPY weak against CAD)
Daily candlestix & r4d ¬ Bullish
EUR/USD Short Idea just less than 1h till close of 4H candlestick.
If 4H candle closes below 50EMA
Stop Order 3pips below low of the "Signal Candle"
Stop Loss 5-10 pips above of the "Signal Candle"
TP Previous Swing Low appx 200pips
PS Just and idea wait and see the price moving!
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