EUR/USD long: Make lemonade

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EUR/USD long: Make lemonadeEuro / U.S. DollarFOREXCOM:EURUSDjvrfxalertsHello traders We all know this conflict in the Middle East was coming. The Asian opening was interesting to say the least. The safe haven currencies USD, JPY, CHF gained in addition to Canada, a major oil producer. My entry order for a long AUD/CAD at 0.9610 was filled. You may ask why, what with the price of crude oil in jeopardy? So far, not much of a reaction from oil futures or even Gold. But it could change very quickly. I am taking the same approach with this EUR/USD long. Price is at a very attractive technical level but I am keeping a stop at 1.1725. Ultimately, this too will pass and we'll still be dealing with the reality of what is happening in the USA economy. Another ominous labor market slow down sign with Block cutting almost half of its work force this past week. NFP is on tap at the end of the week. That data print is bound to overshadow the news cycle by Wednesday. Best of luck.