EURUSD resistance at play below 1.2600

FX:EURUSD   Euro / U.S. Dollar
312 4
EURUSD showing signs of trendline and structural resistance at play. If it hold go short with target set at 1.2400.
The setup will be invalidated if it breaks 1.2600 resistance.
(+1) I also think it will fall to 1.2300, then it will roll back
+2 Reply
RobTaylorForex ArtiomKholodov
I'm "hoping" the same, but if 1.2410/15 area is breached I may pull out and wait... Also the german news could bump it up short term to create another good sell entry point. Looking good so far!
Good Call :) Do you think it's in for a pullback now to channel support or think it has some more short term downside?
gpuri RobTaylorForex
it could go as far as 1.2300 before it pulls back to trendline.
+1 Reply
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