EURUSD what an excellent short this week. I had a good feeling that this was gonna rise because 100 for the dollar is a big psychological number. add that to the momentum this uptrend has had the past 6 months.
I dont know whats going to happen next week have to play it by ear.
There is one imbalance at the 117 area that can be filled that I will want to sell.
but if dollar continues on this can leg up to 1.20
Which I will sell.
I commented on another posters page.
As a shortseller this is how I profit took and did not have fomo
I drew a line on the trend i was trading... when price broke it.
Fed governor Adriana Kugler, whose term was set to end in January, has resigned effective August 8. Trump will have a new appointment before the September FOMC meeting.
EURUSD I never, ever, ever in a million years would have thought after the start of the week, we'd go all the way back up, which is precisely what it's looking like it will do. Unbelievable. Absolutely unbelievable. Fibonacci extension sees this going all the way up to 1.1702 area if this 4 hr holds.