My trading plan for the EURUSD

The EURUSD is trading around an important long term level (1.3831) but as you all know, we need to consider long term level as zones, and these zones can be determined using the short term charts. This is the zone for the EURUSD:

I’m going to wait for the EURUSD to break either side of the zone:

  • If it breaks the upper resistance level (green line) I’ll start looking for long opportunities.
  • If it breaks the lower support level (green line) I’ll start looking for short opportunities.

On either scenario, I need to wait for the market to make its first movement, then I follow.

Trade Safe!

Raul Lopez
Forex Course

EURUSD Analysis, forex

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 .