News event that could affect this trade

. (USD) FOMC Member Kaplan Speech
. (USD) Goods Trade Balance, Consumer Confidence


EURUSD is trading at daily role reversal area and MM4 - Bulls profit taking zone for the month. I'd go into smaller TF and look for selling opportunities.


On hourly, price reach WM4 first day of the week. I'm expecting to retrace back to WPP before friday close. For confirmation, I'd wait for price to break below hourly support and retest to go short on this pair.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.