Hello Traders,
Finally, my EUR USD trade went into the money. Now the target is the 200 MA (1.09). I have also opened another position. It is the USD CAD. Let me show you the arguments. You can that today's drop is significant (driving the momentum down). I believe the current momentum will persists in the near future. Let's hope a price of 1.30 would meet the target. If this is the case, we just need to wait and see what is going to happen. I should probably also say that the Open Interest for the pair is of particular importance in this case. I think this should be it for now.
Best Wishes,
Georgi
Finally, my EUR USD trade went into the money. Now the target is the 200 MA (1.09). I have also opened another position. It is the USD CAD. Let me show you the arguments. You can that today's drop is significant (driving the momentum down). I believe the current momentum will persists in the near future. Let's hope a price of 1.30 would meet the target. If this is the case, we just need to wait and see what is going to happen. I should probably also say that the Open Interest for the pair is of particular importance in this case. I think this should be it for now.
Best Wishes,
Georgi
