This is EURUSD in 1HR timeframe.
EURUSD have shown power over USD over the pandemic and any other pairs however like any movement it has to retrace and relax.
After the NFP news we've seen EURUSD showing weakness however this is possibility of balancing the price movement for the new big bull movement.
As I was saying don't sell on the bull market and don't buy on the bear market always follow the trend and you can see this by reading the momentum.
EURUSD have shown power over USD over the pandemic and any other pairs however like any movement it has to retrace and relax.
After the NFP news we've seen EURUSD showing weakness however this is possibility of balancing the price movement for the new big bull movement.
As I was saying don't sell on the bull market and don't buy on the bear market always follow the trend and you can see this by reading the momentum.
Comment:
Exit at +1.71R
Trade closed manually:
+1.72 Pips or 52 pips