Petr Suchanek

EURUSD trading plan for today

FX:EURUSD   Euro / U.S. Dollar
558 1 6
The Euro             remained strong till the end of the last week and has not come down yet as I had expected. It seems it might be fighting the 61.8 Fibonacci level more seriously. At this moment it is very difficult to have long or short intraday bias, because it depends on the price behaviour just around that level.
I have drafted my plan for today and I favour two scenarios, one for long, one for short, which might give me a good level for stoploss and reasonable RRR             .

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