BOAFX
Long

Long EUR/USD

FX:EURUSD   Euro Fx/U.S. Dollar
After the weak Non Farm Payrole figures and positive comments from Mario Draghi last week I favour the upside for the EUR/USD             . there is a nice rising channel formation on the 4 hour chart so I will be looking for a higher low and candlestick pattern to suggest a turnaround in the correction after the NFP on Friday. This is an early entry to the breakout of the channel to the upside and the chance to get in with a good risk reward ratio. If the channel breaks to the downside then we can expect the 11100 and 10850 to be retested to the downside
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