EURUSD: Retracement it is…

Since last December the EURUSD has been falling like a rock, it follow through on January and the first days of February. But we might be on the way of a small retracement (at least to the next LT resistance level):


It broke the resistance of the short term range and it is likely to continue its way up until it reaches at least, the next LT resistance level.

My Plan:

Look for long opportunities if the EURUSD keeps trading above 1.3707. Next LT resistance level is at 1.3846

All short opportunities will be ignored.

Trade Safe

Raul Lopez

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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 .