KN_FXtrader
Long

EUR/USD long term trading

FX:EURUSD   Euro / U.S. Dollar
52 0 1
Considering RSI and the triple Strong resistance we can assume that EUR/USD             downtrend rally migth ends in the following month. This graph is shown the weekly chart so it refers to long-term trading plans. However, it offers us a good chance for analysis. Downtrend might stop (trading plan 1), but if price continue going down we have three strong resistances that can be a satisfying profit target in sort positions(for shorter term tradings) (trading plan 2)
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