PRICE ACTION

PRICE ACTION

środa, 23 października 2013

#EURUSD - US open


US session is about to start. After correction during european session to 1.3740 EURUSD started to move back to the upside. Breaking through 1.3763-1.3770 is crutial for further move up. If M5-M15 short term price action shows potential to defend this level we going to open short with SL around 1.3780 and TP about 25 pips. If this zone fails longs are in play and taking a trade on retracement will be appropriate (SL10-15/TP20-25).

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