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Trader Journals:::2026-05-07T06:21:28

EUR/USD

EUR/USD

In principle, the pair EURUSD continues to trade within the same range. Although I wanted the pair to rise, I didn't expect it to climb so high yesterday, which led to hitting the stop loss. However, we reached the next targets around 1.1790, but failed to stay above that level. Essentially, we are left with a false breakout. Although there are no clear immediate targets on either side, especially below, it is still important to consider. Of course, it is crucial to see how the dollar will continue to trade, as we will receive data on benefits today. Overall, I still look to the south and will focus on the false breakout at 1.1790, therefore I am already considering selling.
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