EURUSD watch out for possible rebound at 1.1 Long

Euro Fx/U.S. DollarFXCM

Description

⋅ May 11, 2015 8:39 PM

Dear Traders,
as you can see at 1.1 there is a confluence of a key support area plus the 20 SMA.

Let's wait and see if EURUSD prints a bullish candle down there; that would be a decent opportunity to BUY EURUSD for a 400/500 pips ride on the upside.

Cheers
R

Comments

taradaikeys

⋅ May 11, 2015 8:53 PM

I like your chart its very clear, I'm a new trader Ricardo

RiccardoAnnoni

⋅ May 11, 2015 9:11 PM

Thank you! Good luck! :-)

taradaikeys

⋅ May 11, 2015 8:43 PM

will look out for it , thanks