Euro / Dólar Americano
Viés de baixa

Interesting area to monitor. Resistance trendline

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1.1780 to 1.1785, anything could happen at this point with the Jackson Hole Summit so it all depends on your risk appetite.

My trading idea remains unchanged with a final target at 1.11, so the USD will show soon its powerful against most the pairs. In the meantime I'm gonna take a risky move following the resistance trendline and add further SHORT positions at 1.1780-85 with a partial hedge (BUY position above the purple line) to cover the new shorts just in case it goes the opposite way.

Cheers. (REMEMBER: PATIENCE!!! and Risk/Money Management are KEY to succeed!)

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