The news last night has helped push the position to a new low of 76.22, this is 47 pips from the target of 5%.
There is more data from Europe this morning and the US later today, in the form of German Unemployment change, ADP Non Farm and US Prelim GDP.
I would expect a pullback at some point before an attempt at a new low.
I have moved the stop loss down to lock in 1% profit.
All that remains is wait for the limit order to be executed at 75.75
Should the target not be achieved today, I will continue to move the stop loss down using a moving average as a guide.
Either the stop will be hit or the target will be achieved.
Chart below
I hope you all have a great day.
Best Regards
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