We had a rejection of our diagonal support as well as out Ma's. Looking for this trade to be quick and hit Tp within 24 hrs. Leave your comments, like and follow for more trades. Any trade I post are trades that I enter
Entered Short on this pair 2 hours ago, We got out sell signal and the break downwards. I will ride this new trend all the way targeting between 75-150 pips. I believe the dollar will continue to get stronger since it is a safe heaven when it comes to currency. This is a swing trade to last I believe 3-4 days Max. Please like, follow and leave me your thoughts....
Currently price is testing a very important support point and we are long for it to go long in favor of the Dollar. I just now entered this trade before this post. This a simple strategy that I use for most my trades. Feel free to tell me what you think and please like my analysis.
We had a very simple break and retest along with my Ma Strategy. Also we see the dollar getting stronger as other countries suffer more during this pandemic and investors will continue to shift their money to the U.S dollar. We also broke a major Support and with all this turmoil going on this pair can potentially make lower lows.
