(EUR/USD Update)
EU continues to climb into the zone we identified yesterday between 1.13581-1.14210, & remains extended on its current bull run from early March. Our suggested entry point remains and two targets have been decided for approx. +95 & +180 pips to the downside respectively. Stop-loss is to be determined, considering the extent and at what price EU begins to retrace towards our entry of 1.3199.
Entry (sell-stop): 1.3199
TP1: 1.2250 (+95 pips)
TP2: 1.114 (+180 pips)
SL: N/A
EU continues to climb into the zone we identified yesterday between 1.13581-1.14210, & remains extended on its current bull run from early March. Our suggested entry point remains and two targets have been decided for approx. +95 & +180 pips to the downside respectively. Stop-loss is to be determined, considering the extent and at what price EU begins to retrace towards our entry of 1.3199.
Entry (sell-stop): 1.3199
TP1: 1.2250 (+95 pips)
TP2: 1.114 (+180 pips)
SL: N/A