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AlgoVenture
10 juin 2019 05:00

EURUSD: Awaiting Retracement to Long @ 618 Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD gapped down, covered the gap and continue to retrace lower.
The break above of 1.13 has already shown that price is most likely to climb further.
Taking reference from the previous wave of retracement before the breakout, the price will retrace just below 1.13 and reach the 618 level.
Wait for the price to retrace further to buy EURUSD between 1.128 and 1.13, target profit seen at 1.138 and 1.145.
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