EURUSD: Possible Reversal Point - Bottom of the Daily ATR
eurusd opened up for the day and immediately made a run of about 50 pips to the downside; the average daily range in EU is only about 55 pips so i am expecting the market to find some support around these price levels and possibly even trade higher from here
target 1 is around 1.11200 with a generous target 2 at 1:5 or at a complete retrace of the FOMC news spike
target 1 is around 1.11200 with a generous target 2 at 1:5 or at a complete retrace of the FOMC news spike
Trade active
break even stops in EU, if 1.11200 gets hit relatively quickly I will just TP and call it a day Trade closed manually
done and dusted! 
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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.