Deeppoketz

EURUSD Forecast - is Bullish/Buy!

Long
FX:EURUSD   Euro / Dolar USA
Dear traders,

Here is your EURUSD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the USD stands at “2”, meaning that the EUR is stronger than the USD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.

Our 1st BUY Limit is placed at 1.2140 (with a 1% risk position size)
Our 2nd BUY Limit is placed at 1.2102 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.

Our final Take profit is placed at 1.2322
Our Stop Loss is placed at 1.2058

This is a 200 PIPS trade - Risk Reward 1:5
Chart Timeframe; H8

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