Good morning traders! With the EUR growing some legs yesterday we are nearing some decent resistance. The 1.048 figure could be a good place to get short as you can clearly see it was a level respected on both sides in the last few days. Beware though of the 1.052 figure, which is even stronger resistance. Shorting at 1.052 is a more conservative play, but at the same time if price breaks above 1.052 and holds above it then that will signal continued upside.
Regardless of your entry, as always use a 30-40 pip stop loss and look to get whatever you can on the profit side.
Good luck!
Regardless of your entry, as always use a 30-40 pip stop loss and look to get whatever you can on the profit side.
Good luck!
评论:
placing short order at 1.0475... let's see if we get filled. Only looking to take this if it happens in the next HOUR. Canceling order by 12 PM est.
订单已取消:
Order removed...
