Good morning everyone,
Its a new month again! And yesterday when eurusd did not come to my entry level and started to climb to 1.4520, I see that my opportunity have left. However, now I am glad because eurusd actually forms a reversal sign and close back at 1.4474.
Today, I expect eurusd to be a bear day. However, there may be some consolidation because eurusd is likely going to reversal. So good to pick short around 1.4500 - 1.4520 with stoploss at 50 pips. Target exit is around 1.4400.
Be cautious if eurusd breaks above 1.4540 as this will show that eurusd is still bullish and yesterday's candle might just be a false reversal since eurusd has been climbing for so many days.
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