ðGBPUSD-01/18/2023-US dollar asideð
ð
Date: 01/18/2023
âĄïļTrading instrument: EURUSD
ðPriority direction: BUY
ðŽComment: The same weakness is observed for the US dollar, the market still continues to accumulate positions against the dollar. Most likely there will be at least a pause in this trend, but before that one more impulse against the US dollar is expected, then it will be necessary to look at the facts. Regarding the Pound, the upside target is at the next daily resistance at 1.25600, however, put a Take Profit at 1.25000. There is a small probability of price rollback to local support 1.22758 due to news events.
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ðThanks for your comments and likesð
ððĨLINKS TO PREVIOUS IDEAS AND FORECASTSðĨð
âĄïļTrading instrument: EURUSD
ðPriority direction: BUY
ðŽComment: The same weakness is observed for the US dollar, the market still continues to accumulate positions against the dollar. Most likely there will be at least a pause in this trend, but before that one more impulse against the US dollar is expected, then it will be necessary to look at the facts. Regarding the Pound, the upside target is at the next daily resistance at 1.25600, however, put a Take Profit at 1.25000. There is a small probability of price rollback to local support 1.22758 due to news events.
âââââââ
ðThanks for your comments and likesð
ððĨLINKS TO PREVIOUS IDEAS AND FORECASTSðĨð
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Trade is active. I can assume that next week the buyer will lead the price to 1.25600 with a high degree of probability.
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ:
The trade was closedâ
(Entry Point level was 1.22758).â
If the trade is open, then it is necessary to transfer to breakeven or partially fix the profit.
If the trade is open, then it is necessary to transfer to breakeven or partially fix the profit.
