Greenback in my Favour against the Euro

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Hey Traders,

I hope everyone is having a great trading week!

In my last post on EUR/USD, I shared my view on dollar strength. Since then, price has surged to a key level at 1.05, where it is currently showing signs of rejection on lower timeframes.

My bias remains bearish unless we see a clear breakout above 1.06. For this setup, I’ll exit the trade if price breaks above the previous high of 1.0533.

My target for this trade remains 1.0

Remember, the only thing we can truly control in trading is risk. Stick to your plan, manage your risk, and stay disciplined!

Happy Friday & trade safe!

R.P.


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