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justatrader
Dec 21, 2015 10:35 AM

EURUSD Possible test to 1.0932 if 1.08445 support holds Long

Euro Fx/U.S. DollarFXCM

Description

A fairly reasonable RR set up here with a Head and Shoulders pattern that was formed. price is dipping back to 1.08445 support, which if holds prices could see a move higher. Failure to support prices near 1.08445 could see a break down with a move lower to 1.0815.

Long position invalidated on a H1 close below 1.0815.
Comments
SolidSnake
bit retarded response but yeah is possible if we break the 0870 area we will soon go back to the 0950's
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