Euro is still in quite consolidate mode but it won’t be for longer periods . We have witness massive shorting opportunities at the release of non-farm payroll data but Euro somewhat recovers and all other Usd crosses end the day on high . I would bet on Euro as there were strong bear run in the other crosses but Euro has somewhat outperform specially during last week crash of Forex Market which was massive.
Euro long opportunity will be good to test atleast 1.1900 levels in the coming weeks, so not only for position traders but for scalpers its time to keep trailing the stops with a good risk reward opportunity on the cards.
Also Check :- Pdf to my trading strategy
Euro Buy @ 1.1410
Stop @ 1.1320
Target 1st 1.700
Second 1.1900
Keep trailing your positions when price breach 1.1550 levels.