I would like to point out a resistance/support range trade that i do often once i can see a market take out a key level and then watch for the market to retrace. As in this case the euro
is on the down side so there fore i am looking for resistance test backs. Meaning bounces off of resistance and sharply getting out at the nearest support line.
By placing a stop at 1.3603 ( above the high places on 6/10/14, also it is above the tenkan)
Set a entry order at 1.3583 (just below the lows of 5/28/14, 5/29/14, 6/2/14, 6/3/14)
Target the 1.3524 price ( which is slightly above the lows of the following days which are 6/11/14, 6/13/14)