Trade Idea, 6 March: Buy EURUSD – position squared up – flat

By | March 6, 2017

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Buy EURUSD @  1.0580

SL @ 1.0545

TP @ 1.0675

Trade Description. The 4 hour charts look slightly positive and as long as the Euro holds above the 200 Hour MA at 1.0560, we could see a bit more of a short squeeze once Europe/NY get going

This idea is only good for entry purposes until 5.00 pm NY time today

This information is a personal view only, this being a trade being undertaken by FX Charts. It is not an inducement or recommendation to trade although you may do so if you agree with the parameters of this idea.. Refer to our disclaimer here.

These market alerts are provided as part of a trial basis only. To continue to have access to alerts at the end of the trial register at fxcharts.