Time for a retracement ? Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Jun 2, 2014 12:42 PM

1.3735 looks nice if we can get above the 200dma at 1.3640+
See description on the chart.

Long entry at 1.3600
Stop: 1.3575
Target: 1.3730

Comments

dgreenan24

⋅ Jun 3, 2014 12:21 AM

Just to confirm, your stop is at 1.3575, not 1.3675, correct? If so, are you seeing a strong support area above that level? Thanks.

fxswing

⋅ Jun 3, 2014 8:12 AM

Yep that was a typo, Stop at 1.3575.
I fixed it, in the initial post.
Thank you.
Now back to the snooze fest ;-)