EURUSD - LONG 4hr - multiple targets

Hello all - DuncanForex here with another trade idea.

After GOLD breaking out from the consolidating triangle and heading higher - USD is weaker sooner than I expected.

Therefore, I'm looking to sell the USD>

Here is another opportunity to do that with the EURUSD>

With European PMI data coming out over the enxt few days into next week and the ECB meeting on the 25th - strengthening EUR.

With USD 50 points rate cut being priced in - USD weakness is ahead - especially with oversold indices markets.

I can see this pushing higher over the coming week

Thanks for looking

Duncan

Zlecenie aktywne:

Take Profit 1 hit