Invezted

Eur/Usd Roadmap for 30.06.15

FX:EURUSD   Euro / U.S. Dollar
112 1 3
Context:

price rallied after the sellof right back to the 50% mark of 12700 where it got rejected and now price is contained
within a small 20 pip range , so one should wait for a breakout eitherside , , key levels here are 12700
and the 50% mark from the recent rally 11150

Trading Opportunities:
Long:

Breakout of the resistance level at 12000 + pullback

Short:
Breakdown of support level at 11800 + pullback

Signs of strength:
strong rally

Signs Of weakness:
rejection of 50% mark

Support:
11800
11150

Resistance:
12000
12700


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nice work
+1 Reply
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