UGTraders

EURUSD - Trading plan!

FX:EURUSD   Euro / U.S. Dollar
EURUSD had this consolidation area from the last week and breaking one of its boundaries will determine the direction of this currency pair.

Currently, I'm more biased toward the upward direction, you should wait until market penetrate the upper boundary and close above the resistance.

As an alternative scenario to be taken into your consideration, of course, if the market break below the support level, you would target the next support level.

Good luck and to be updated..




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