Forex EUR/USD Daily Video, September 13, 2023

Sive Morten

Special Consultant to the FPA
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18,673
Good morning,

EUR has not formed predefined bearish setup so we still wait with taking any new short position. Since we see reasons why CPI could be slightly lower than expectations today, we keep door open for intraday bullish setup and 1.0785 target:

 
I set small Buy Limit' order last night at 1.0730 which is 50% of Tuesday move from 1.07.
Position was filled today at 11amGMT. ;) Stop is Below 1.07. Target is 1.08 area.
 
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