EUR/USD Trade Ideas 21-25 March 2016

EURUSD 21-03-2016 D1

EUR/USD Daily Chart

Last week EUR/USD rallied on the US FED suprisingly dovish stance reaching a top of 1.1340. Although technically the trend is clearly to the upside, the Euro’s inability to step above the strong resistance at 1.1340 may hint that buyers are beginning to lose control.

Here are our trade ideas for the coming week:

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  1. Sell-Limit EUR/USD at 1.1330
    SL 1.1390
    TP 1.1220
  2. Buy-Stop EUR/USD at 1.1390
    SL 1.1250
    TP 1.1545
  3. Sell-Stop EUR/USD at 1.1200
    SL 1.1280
    TP 1.1080
EUR/USD H4 CHART

EUR/USD H4 CHART

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