Price has continued to move lower through the European session.
Price is now 100 pips from the entry (96.40) at 95.40
I have decided to lock in 50 pips or 1% profit on this position.
Chart below:
I have revised my take profit limit order to the new target of 93.90 or 5% and a fib extension level
This is unlikely to be hit this afternoon, therefore if I am still in the position at the close (22:00hrs), I will hold over the weekend.
I will update again before the close at 22:00hrs.
Regards.
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