EURUSD had a spectacular drop of nearly 400 pips last week. While fighting strong supply zone @ 1.3450-70 we expect correction before heading further down (if zone defeated). Shorts below 1.3475 on a meaningful break and retracement to the long term (H4) trend line. We are at the point to add or open new swing trades here. On short term basis we are looking to open long above 1.3500 (BO to 1.3520 – RET to 1.3499 – Long @ 1.3499-1.3505 – SL 15 pips – TP 20-25 pips) towards 1.3560-80 zone where is first good place to look for shorts in anticipation of attacing 1.3450-70 again. More updates as market progresses further.
Brak komentarzy:
Prześlij komentarz