leitmotiv

EURUSD Strong Resistance Level - Buy / Sell Opportunity

FX:EURUSD   Euro / U.S. Dollar
FX:EURUSD             Looking left, wehave a strong resistance level with 4 touches and no break above close above. If the price level retraces I will be placing a stop loss a couple pips above 1.1234 price level. If the price rallies above the resistance I will be looking out for a retracement at the 127 extension for a potential cypher formation, with a stop loss around the 1.1164 level.

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