With the Violent News (NFP) there was a huge Liquidity inflow, a lot of technical out looks were reset and the USD, might have finally taken a new direction. With Powels outing and the Non Farm Payrolls beating estimates, the Dollar might edge higher.
Concerning our trade, we had a comfortable stop loss also place above a psychological resistance. Despite the drawdown, we are still in the position and will see the EUAUD edge lower as expected.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Concerning our trade, we had a comfortable stop loss also place above a psychological resistance. Despite the drawdown, we are still in the position and will see the EUAUD edge lower as expected.