LONG EURUSD on Daily Chart

1 Ağu 2022

Entered a long position on EURUSD @ 1.02499. EURO has obviously been up against strong headwinds, getting battered all the way down to parity with USD recently, so this one is a counter-trend trade. Technically, my system has printed an EwoT (entry without a trigger) and a close above 1.02936 would be the technically valid trigger.

Area of resistance around 1.0410, some 150 pips away.