skyisthelimit1

Long EUR/USD for short-term correction/reversal

做多
skyisthelimit1 已更新   
FX:EURUSD   欧元/美元
Euro is oversold across most pairs.
GBP is also oversold.
US Dollar index looks like it might top out at previous high soon.

RSI is facing downwards, which is why I set-up buy orders around 1.1550, 1.15650, 1.15750.
I think EUR can go down a little more, to the previous bottom around 1.15500, before correction/reversal.

I'm in the trade at 1.15900, hoping to buy up more as it goes lower and bottoms out.

Target around 1.17200, feel free to take profit before that.
订单已取消:
Looks like EUR has more downside.

Most likely will touch the 0.5 fib retracement, around 1.1440.
I'm out of this trade early.

New Setup:

BUY around: 1.1440
Target: 1.1700
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