Today's FOREX Trade of the Day was a long EUR/USD position.
Buy: 1.2718
Sell: 1.2747
Notional Intraday Profit: +29 pips
Today's intraday Low of 1.2718 was right around the 23.6% retracement level of yesterday's intraday range, rendering the retracement level a profitable Entry Buy level.
Today's intraday High of 1.2790 was far above the 61.8% retracement level of the range between the 23 September High through the October intramonth Low, rendering the retracement level a profitable Exit Sell level.
Further upside targets include 1.2805, 1.2878, 1.2955, and 1.3097.
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