Dear Graduates,
EURUSD broke out of the bear flag and we expect some bearish continuation before encountering the supporting trendline at 1.3955. At this resistance level, we will book a quarter of the profits and maximise this trade towards a target profit of 1.3865 to 1.3855 upon a successful breakout.
As this is still an inside day, do take note of the increased volatility when placing and shifting your stop loss.
Regards,
Siwei.