Yesterday's levels given worked perfectly (www.tradingview.com/...jJXDne-EURUSD-5-Mar/). I was looking for a move lower then rally up to 1.0871.
Price ranged perfectly between the two levels given before the US data release rallied EURUSD to my price target. It did not hit my buy level but the price target, as mentioned before can be an opportunity to take the trade in the opposite direction.
As it played out perfectly that level is the high and market sold off 30pips back to the lows. Today market opened near the PZ and sold off. Daily price action does look toppish. IMO we could get some bounces, but as long as price remains below PZ look for short, with 1.0821 and 1.0803 as the two magnets.
Price ranged perfectly between the two levels given before the US data release rallied EURUSD to my price target. It did not hit my buy level but the price target, as mentioned before can be an opportunity to take the trade in the opposite direction.
As it played out perfectly that level is the high and market sold off 30pips back to the lows. Today market opened near the PZ and sold off. Daily price action does look toppish. IMO we could get some bounces, but as long as price remains below PZ look for short, with 1.0821 and 1.0803 as the two magnets.
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