Yesterday’s EUR/USD Signal Result:
Markets have really started to move the past week and we couldn’t be more excited – ranging markets are the nemesis of us swing/trend/breakout traders.
We didn’t enter any new trades yesterday, but our short from Monday was triggered on the 1.2950 support break (12:31 UTC), which just barely touched our SL for a 50 pip loss.
Our Trade: There is still room for the pair to drop on the daily charts, and there is still plenty of bear power left after this week’s consolidations. We will get short on a support break with a TP of 80 and a SL of 50.
EUR/USD" title="EUR/USD" width="640" height="385">
Today’s Important Events