Yesterday’s EUR/USD Signal Result: Lots of volatility yesterday whipped us out of three positions (AU, GU and UJ) and almost knocked us out of our EU short.
That short was triggered on the 1.2907 support break yesterday , which got about 60 pips into the profit before consolidating above 1.2840. That trade is still open and currently sitting at 1.2858 at the time of this signal, where we will close and book a profit of 49 pips.
Our Trade: The pair has plenty of room to fall on the daily charts, but is oversold and being shadowed by a falling resistance on the hourly charts. With the somewhat mixed technicals (we are still primarily bearish) and the lack of a solid S/R on the charts we will stay flat for the day.
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