EURUSD Update - The pair is still long and strong

2019-12-06 11:17:32

The EURUSD continues to move higher after some choppy action as price consolidated around the 1.1087 highs. The trend is still up going into the US employment data so we are happy to hold the risk level at 1.1065 looking for an extended move to 1.1173. May be prudent to tighten up the risk going into the data release but we will see how the action plays out. Expecting some volatility though as the bulls and bears fight it out.

** If you enjoy our free content, please follow our profile, by hitting the Follow button, at https://www.tradingview.com/u/Trade_Setup/ to get further high quality ideas. **

** If you are following our ideas any comments and likes are most welcome and will be greatly appreciated **

** With quality alerts and correct Risk Management, you can learn consistency and grow your account **

** With quality portfolio management and defined risk levels to help your account grow and achieve steady profit targets while increasing your trading edge. Check out www.tradesetup.com.au **

YouTube Channel - Join us on our Live Stream to chat about all things markets here https://www.youtube.com/c/TradeSetupAu/live

Come along to our Free Meetup Event 'Three Key Tips used by Professional Traders to Improve Your Success' on Dec 11th at 7pm AEDT here https://www.meetup.com/Trading-Meetup-Melbourne/events/266744930/