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Euro / U.S. Dollar
Long
Updated

EUR is heading to the upside. the question is where will it stop

41
EUR just broke out of the downtrend channel. it'll likely go up and retest resistance. CPI data is due in about an hour. target will depend on the data that is due to come out. I'm long at 1.10919 will hold this long and wait for CPI data before setting target.

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Note
CPI data isn't looking good. I've set SL to entry to make it risk free.
icmfx
EURUSDeurusdbreakouteurusdbuyeurusdforecasteurusdideaeurusdlongeurusdpredictioneurusdsignaleurusdtradeWedge

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
EURUSDeurusdbreakouteurusdbuyeurusdforecasteurusdideaeurusdlongeurusdpredictioneurusdsignaleurusdtradeWedge
icmfx

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.