EURUSD has clearly broken the 1.20 monthly res for a while. Right now its definitely looking over bought, so upon the next month I'm thinking we're going to be seeing those sells happening maybe back to the 1.20 res but most likely hover just over it at 1.205/1.21 I'll be placing buys at 1.21 with a TP at 1.27 then buy again to TP at 1.35 (6 Months+). In the short term be selling at this all the way to 1.21.
News will be playing a big role to switch the buy to a sell..keep on the look out and take the opportunity when you can!
All the best.
News will be playing a big role to switch the buy to a sell..keep on the look out and take the opportunity when you can!
All the best.