Monday, January 6, 2014
EURUSD Analysis
Hello traders,
Today it looks like we have a good signal on EURUSD.
As you can see, price has formed reversal pattern over the confluence of Fibonacci retracement 38.2, major trendline ( on daily chart) and closed above daily RBS.
Most likely price will move to next resistance as indicated. We got good R:R ratio it seems around 1:2.
Took long trade.
Let's hope for the best shall we.
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