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EUR/USD: Trading Plan for the U.S. Session on September 2 (Analysis of Morning Trades)
In my morning forecast, I highlighted
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In my morning forecast, I highlighted the 1.1070 level and planned to make trading decisions based on it. Let's examine the 5-minute chart to see what happened. The rise and formation of a false breakout at this level created a prime entry point for selling the euro, but the pair did not experience a significant drop. After a 12-point decline, sellers exited the market, leading to a return of EUR/USD to around 1.1070. For the second half of the day,
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2024
EURUSD
Euro vs US Dollar
Summary
Buy
Urgency
1 day
Analytic
Maxim Magdalinin
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