Well the Euro rally continues up into where I see a resistance zone on my daily chart. Bears have been waiting for price to rise to this level

Trade Plan EURUSD 15th Oct 15

We are also up at weekly M4 @1.1479 and weekly R2 @1.1520 Zone

EURUSD Trade Plan second photo 15th Oct 15

Trend is very bullish it has to be said. But price has moved away from the daily 5 ema? , which may mean price is getting over stretched and will need to retrace ย at least to a support level. If you are looking to sell this pair look for a reversal pattern on 15 min chart to enter you trade.

Good Luck with you trading

One thought on “EUR/USD Trade Plan EURO In Resistance Zone”

  1. Its good to see i was right on this trade. A good 100 pips I hope you also made some pips too. ๐Ÿ™‚

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