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EURUSD Daily Chart Analysis
Hello traders welcome back to a new trading week. Traders today I have to say the charts look ok, however there is no data today to move price action so this is going to be a total technical trading day and that is OK I really like that remember stay with the trend and look at the higher time frames and price action.OK so let us take a look at EURUSD- This is the 30 Minute chart. Today we are going to keep with the trend. We are bearish on the daily and this chart we are at support so I am looking to place the Fibonacci tool on the chart and get a 61.8 pullback at price level 1.1134 and look for a bearish candle for our sell entry also we have a resistance line there. I am looking to take profit at the S1 price level at 1.1075. The key for this to this trade is going to be the pullback. Talk soon traders…. William
Source: http://www.fxinstructor.com/blog/eurusd-daily-chart-analysis-2
