Many of us wondered why there hasn´t been any correction in EUR/USD pair after an incredible ascending on Friday. Looks like it is coming after Draghi´s speech. He didn´t say anything special so market simply used it as a trigger...
It has broken 1H 50 and 88 MAs (blue and red MAs on this chart) and, normally, after 50 MA is broken, next target is 200 MA which peacefully reposes close to 1.126 figures. I opened a short position at 1.370 figures and targeting these 1.126 between today and tomorrow. SL: 1.1390
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Moved to profitability. Beware of a possible reverse at 1.13100
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At 1.129, sorry!
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Closing 1/2 of position here
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Closing the rest of Short position here. They reversed it really fast so not sure if the thing can still go lower... Anyway, I take my small profits