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EURAUD 60 Minute Chart Analysis April 5th, 2015

Tuesday, April 4, 2017 23:33
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Screen Shot 2017-04-05 at 07.07.34

Hello traders and good to be back with you today. I am looking at the EURUSD for a possible sell trade as we can see on the chart we are at resistance. I have placed a trend line on the chart and I am looking for this to break the trend line and a possible retest. I would like to enter this trade at the price level of 1.4090 just below the 1.4100 level. we have some nice wide open space to start the trade and I would like this to move down. I would like to take profit at the support take profit zone of 1.4010 for a nice 80 pip profit if this works out for us today. Data is moderate so we really have a technical trading day.

Thank you traders and we will talk soon…….William


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