Suly
Short

Trading Support and Resistance

FX:EURUSD   Euro / U.S. Dollar
36 0 0
Price touched resistance at 1.2575. One can sell at that level with 10-15 pips stop loss or wait for confirmation. Confirmation would be a candle closing below 1.2480 with a stop loss at 1.2500 or a little more. First target at 1.2362, previous support. If a candle close below the first target let it run until the next target at 1.2250, major support.
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