Direction:
long
Target: TP1
– 1,3325
Protection: SL – 1,3260
Our setup: 1,3288
Background:
During the night the dollar declined versus most of its major peers after FED
official, James Bullard cautioned against excessive optimism over the US
economy. Bounded up to 1,3300 within an hour. We see very bullish attitude on
EURUSD. We bought that cross this morning and after a volatile day, up-down
moves can hit our target resistance level at 1,3325.
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