Wednesday, 10 February 2016

EUR/USD possible retest or breakout


Possible scenarios in this pair:

1. The price will retest the resistance line at 1.1474. If it breaks, I will set a buy entry. Else, I will set a sell entry.

2. The price will bounce back downward from the ascending line then I will set a sell entry. If it breaks the line then I will go back to number 1.

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