Rational:
The vertical gray lines on the charts indicates a negative reversal on the Euro (in a down swing, prices going lower than previous high while RSI goes higher).
Trading Implications:
Sell at 1.1740;
Stop 2 days close above 1.1790 or 0.5% break above it being at 1.1850.
Target(s): 1.1525, 1.1350
Trade attivo
Commento:
first target reached, stop lowered to 1.1630
Trade chiuso: stop raggiunto