ForexTrade

EURUSD Trading Plan

Kort
FX:EURUSD   Euro / USA-dollar
4
Market continues to the down side and sell on the pull back to current trend line is a good option. Market can go and test weekly trend line and just after that price has a good chance to bounce back up. Long term picture still has Higher high and Higher low. Just below 1.0800 market will post a new Lower Low and in such scenario this pair will change into long term negative market.
I do not trade long term, and current short term market is negative, so any pull back up is an opportunity to sell, if I get sell signal.

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