Good morning, this is Joe Malone from Districtfx. Currently, we're observing bearish price action for the EUR/USD pair. The charts indicate a bearish sentiment around the 1.08900 level. We anticipate a retracement to that level, presenting a selling opportunity to the downside. Upon retracement, we'll explore a potential selling opportunity, targeting the low of the London session at 1.08680 and another take profit level at 1.08550. It's crucial to manage risk effectively for future trading opportunities. Stay warm on the East Coast, and have a great weekend!
"Hit me with some trading love! 🚀💬 Show some love, drop a comment, and give my trading ideas a boost or cheer on TradingView – your vibes are my currency! 🌟📈 Let's make waves together in the trading universe! 🚀💙 #TradingVibes #BoostMyIdeas"
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.