EURUSD Intraday August 6th Analysis
S1 should be low of the day. If not S2 at the very least. Expecting USD news to push EU up. TP at R1 and SL under S2. Indicator used is pivot standards. Use 15 min pivot for intraday levels. A great way to catch pips and practice risk management with proper SL. Works well on multiple forex pairs including GJ.