EURUSD: Trading at an important level

The EURUSD its been trading in a medium term range in between 1.4508 and 1.4316. Apparently it is being rejected from the support level at 1.4316:

EURUSD
EURUSD

We need further confirmation though to start looking for opportunities, because right now it is trading near the short term resistance level.

My Plan:

If the EURUSD breaks 1.4387 for the upside I will be looking for long trade opportunities

If the Euro breaks 1.4335 for the downside I’ll be looking for short trade opportunities.

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Raul Lopez

Euro, Euro analysis, EURUSD Analysis, Forex majors


Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .