Expecting a small retracement on EURUSD before the big push
EURUSD found support at 1.0920 and managed to stay above this level. At the release of the nfp report we saw EURUSD break above the last lower high and is now starting to retrace towards the 50% Fib retracement level. My target after that will be at 1.1140. More details in the video...
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The 50% FIB level did its job!
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I am trailing my SL to make sure I have a risk free position...