A March 8 $87 call and $86 put spread trade has been started. A stop loss price has been implemented. The cost of the trade was $0.63 before fees and commissions. The goal of the trade is $1.50. FXY will have to likely move 1.5% in either direction to make this happen. Reasons for the trade are below:
- Bumping down on near support of $86.00
- General resistance at $88.00
- R1 is $89.06 on a 3 M chart, S1 is $83.72
**
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used as a recommendation to buy or sell any security. Do your own due
diligence before trading or investing. If you would like up to the
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