After having much success trading this down over the Christmas Period, EURUSD Looks to have disproved the fakeout of 1.05 and we will look to jump on the wagon for the next impulse on its way back to 0.96 - Providing a good retest is given allowing at least a 2:1 RRR down to 1.2, which is the 61.8 Fib Level of the weekly move up.
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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.