Good evening.
Price has continued to move down during both UK and US trading sessions. As mentioned in my last post the market is slow as its holiday season, however price has made a new low at 95.70 which is 120 pips from my entry at 96.90.
I have moved down the stop loss to lock in 0.25% profit.
I am happy to hold the position over the weekend to see if price can make its way down to the target at 94.65 on Monday or Tuesday next week.
Chart below:
I hope you have a great weekend and I will update again on Monday morning.
Best Regards
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