fxmentorbd

EURUSD : Wait for Box Breakout !!!

FX:EURUSD   Euro Fx/U.S. Dollar
Eur/usd             Pair in H1 timeframe create a nice Box. If box breakout in upward we are going to take long position and if its break downword we are going to short position. That's mean If price break 1.13580 point we are going to open buy trade and if price break 1.12694 point we are going to open sell trade.
I think, price may break downward mode because 50 ema, 100 ema and 200 ema is above the price level and that's why eur/usd             faced strong resistance in above.

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