EURUSD Trade Idea: Short Opportunity TP1: Reached
Description: U.S. PPI and Core PPI is better than expected. Unlike data, the price goes up. Possible stop hunt operation. Price tested the resistance but could not break above.
Our EURUSD Trade Idea:
Target 1: 1.16800
Target 2: 1.16500
Extended Target: 1.15600
Update # 1: 07-11-2018 … We add Short at 1.17260 Target 1.6800 SL is 1.17650 / Target Reached 26 Pips
Update #2 : 07-11-2018 :TP1 Reached 61 Pips. We close 50% of the positions move Stop Loss to entry wait for the second target.
You can follow the idea: EURUSD Resistance And Short Opportunity
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
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