Target 0.8630.
We trying to breakout downtrend channel, horizontal resistance and 50 day MA. It's not easy.
Last data suggests that in Britain things much better than in Euro zone but it doesn't reflect in a price. Don't forget Brexit.
BOE has more room to cut rates. Only 2 currencies that i'm buying euro against are GBP and CHF.
We trying to breakout downtrend channel, horizontal resistance and 50 day MA. It's not easy.
Last data suggests that in Britain things much better than in Euro zone but it doesn't reflect in a price. Don't forget Brexit.
BOE has more room to cut rates. Only 2 currencies that i'm buying euro against are GBP and CHF.
Trade active:
Let's see what's going on with trend line. Not adding any buys for now
Trade closed: target reached:
