Deeppoketz

EURUSD FOCUS - is Bullish (Update)

Long
FX:EURUSD   Euro / US-Dollar
Dear traders,

Our EURUSD analysis has not changed;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the USD “USD” stands at “1”, 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 Liimit is placed at 1.2125 (with a 1% risk position size)
Our 2nd Buy Liimit is placed at 1.2090 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.

Our final Take profit is placed at 1.2355
Our Stop Loss is placed at 1.2070

This is a 265 PIPS trade - Risk Reward 1:12

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