The thing is despite the fact of rapid EUR strenghtening we are still in bearish trend.
Last week could be the end of the pullback.
Basically, 1.135 - 1.15 is a strong resistance area.
Normally, kumo also acts as a support/resistance area (even though I do not use ichimoku really often).
A falling star candle bar also occured which is one more reason to enter a short trade.
Entry point/stop/target are on the chart.
GLHF ;)
Last week could be the end of the pullback.
Basically, 1.135 - 1.15 is a strong resistance area.
Normally, kumo also acts as a support/resistance area (even though I do not use ichimoku really often).
A falling star candle bar also occured which is one more reason to enter a short trade.
Entry point/stop/target are on the chart.
GLHF ;)
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