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Hello traders and great to be back with you as again we look at the EURUSD on a 60 minute chart. traders as you can see we have just had this bug up-moves yesterday and that leaves us at resistance and a good opportunity for a short trade. Traders we are looking to get in this trade at the price level of 1.0805 , I will tell you I entered this trade late in Asia and really has not moved much I am looking for the London session to help me out. I am looking to take profits at the 1.0745 price level for some nice profits on this trade, I expect to be in this trade up to the NY session lunch.
Thank you traders and we will talk soon…William