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:
- Sell-Limit EUR/USD at 1.1330
SL 1.1390
TP 1.1220
- Buy-Stop EUR/USD at 1.1390
SL 1.1250
TP 1.1545
- Sell-Stop EUR/USD at 1.1200
SL 1.1280
TP 1.1080
EUR/USD H4 CHART
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This entry was posted on Sunday, March 20th, 2016 at 10:39 pm and is filed under Euro Dollar Trade Ideas, Next Week. You can follow any responses to this entry through the RSS 2.0 feed.
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