Re: Back to the well once more...long dollar
Ok, we got the EUR/USD breakout to the upside. Sold my 3 lots for +125 pips each, +375 pips profit total.
Flipped to 3 long dollar lots at 1.4775. Laddering in for a total position of 10 lots.
Looks like an exaggerated move on rumor. Downside looks to be contained around 1.50. At that point, I think we definitely see central bank intervention. Should be a good risk/reward position.
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