ChartingFx

EURUSD Breaking Trend line Resistance. 1600 Next?

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD trying to break trend line resistance for the second time. Last week this pair made a fake out on this resistance. Now what we can do?

OK, we can wait for a daily close above trend line and 1350 level. After a daily break wait for retest broken area as a new support. For more secure trading wait for a price action buy signal on new support. Next Key resistance is 1550-1600

Happy Trading...!

Cheers...!

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