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srudd
Jan 19, 2018 3:28 PM

My EURUSD 'technical' plan for the year 

Euro Fx/U.S. DollarFXCM

Description

3 trades...

1. Currently in a short term sell back to 1.2075 level which was broken last week.

2. I will then look to buy from the same price up to the horizontal support level 1.26. This level is also 618 fib from monthly chart & also it looks like it will line up with the long term trend line from 2008.

3. Then I will be looking for a sell from 1.26 back to as far as 1.14 (which again would be 618 fib retracement from 1.26).
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