EURUSD: Long the short term pullback

Oct 26, 2016

EURUSD landed on the weekly uptrend support, from where most rallies took off. We can enter longs here, we might get back to the top of the Brexit range, unless the dollar gets a major fundamental boost by December. This could be a very good intermediate term trade if we're not stopped out.
Go long on a break above yesterday's close.

Good luck!

Ivan Labrie.

Oct 26, 2016

Note

Nov 1, 2016

Note

Expanded range, broke the previous 3 days range, then soared and finally broke the downtrend mode, it's probably going higher so simply hold longs with break even stop.

Nov 2, 2016

Trade closed: target reached

Exit here, we can look to reenter USDJPY and USDSEK longs soon. I'd rather be flat EURUSD for now.