PRICE ACTION

PRICE ACTION

poniedziałek, 12 sierpnia 2013

EURUSD longs still in favour

EURUSD longs still in favour


Looking to go long between 1.3294-1.3303 to at least test 1.3400 once again.
Alternatively below 1.3290 I will be looking for a short term short trade.
Since there is a chance of bouncing to the long side already here at 1.3320, playing momentum long above 1.3345 towards 1.3400 makes sense. Once we get there it is necessary to observe price action to decide about taking that trade

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