Hello all - DuncanForex here with another trade idea.
I am looking to re-enter EURUSD following the trade I took in the related post below.
Price is currently in the 50% to 61.8% Fibonacci zone of the retracement of the last leg higher and is cycling nicely
I want to get in early in the week so ideally price is not near my entry point for when NFP arrives on Friday. As I am bullish XXX USD pairs and bearish USD XXX pairs
With interest rates cuts hovering over USD for July - I expect that will ultimately increase USD weakness and for this pair send them higher.
Thanks for looking
Cheers
Duncan
I am looking to re-enter EURUSD following the trade I took in the related post below.
Price is currently in the 50% to 61.8% Fibonacci zone of the retracement of the last leg higher and is cycling nicely
I want to get in early in the week so ideally price is not near my entry point for when NFP arrives on Friday. As I am bullish XXX USD pairs and bearish USD XXX pairs
With interest rates cuts hovering over USD for July - I expect that will ultimately increase USD weakness and for this pair send them higher.
Thanks for looking
Cheers
Duncan
Сделка закрыта вручную:
Hi all - trade closed just above entry to cover swaps