Over Extended Short, TIME FOR LONG
Nobody can deny that EURUSD is almost 4 months downtrend since May 2014 after the double top pattern.
Now EURUSD almot reach the lowest support area since May & July 2013. We think this is the possible reversal area @ 1.2800 that buyers will take control the price to push EURUSD for LONG direction.
StopLoss : 1.2720
Entry : Potential Entry @ (Yellow box)
TP 1 : 1.2970
TP 2 : 1.3110
Good Luck & Happy Trading...
Now EURUSD almot reach the lowest support area since May & July 2013. We think this is the possible reversal area @ 1.2800 that buyers will take control the price to push EURUSD for LONG direction.
StopLoss : 1.2720
Entry : Potential Entry @ (Yellow box)
TP 1 : 1.2970
TP 2 : 1.3110
Good Luck & Happy Trading...
Penafian
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