" />

Trade of the Day

Eur/Usd trade setup The pair is looking like a bear flag. The resistance is 1.4029 and the support is 1.3929. I am looking for the pair to challenge the resistance level and break to the downside. I will enter short after the pair tests the 1.4029 resistance level and bounces down. With a target of 1.3929 after that my target to the downside will be 1.3884 The chart pattern is telling me that the pair is a bear flag and the fundamentals are saying risk aversion is making the Dollar strong


Comments (0 posted):

Post your comment Forex-comment

Please enter the code you see in the image:


  • Forex-send Email to a friend
  •   Add To facebook

Rate this article
0