EURUSD Intraday Long Opportunity
The dollar slipped in Asia on Tuesday as U.S. Treasury yields fell to three-month lows, a sign some investors were wagering the Federal Reserve would slow the pace of its rate hikes.
The weakness in the dollar comes against the backdrop of a temporary truce in the US-China trade conflict, which has bolstered investor confidence in riskier currencies versus the safe-haven greenback.
The pair moved above the Ichimoku Cloud and EMA 50 on the H4 chart.
A long trade with the targets : 1.14120 and 1.14300 could be a nice intraday opportunity.
Stop Loss Below 1.13400.
Midterm trend is still bearish and traders will look for selling opportunities above 1.14500.
A potential Gartley would be completed at D. We will look for a Short Opportunity. Details will be pubslied for the members.
You can follow the idea : EURUSD LONG AND SHORT OPPORTUNITIES
You can check our signal results
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