Trade entered on breakout of price 1.4235, price entered at 1.4239, stop loss 1.4211 and profit target at 1.4285 which is just below the 61.8% Fibo level on H1. While writing this entry, the stop loss has been shifted to protective stop at 1.4240.

The result of the German Prelim GDP came out better than forecast at 0.3% which will support this trade on the upside. Let's see how the trade goes.

- http://eurusdtrader.blogspot.com -
Trade what you see, Not what you think