Hello traders welcome to a new trading week as we see some really nice price action and we have to take advantage of that. The data today is all medium impact and only one is high in the U.S session home sales. This is good we have a catalyst to get price to move today in all the sessions…..
OK traders let take a look at the trade plan for today on the EURUSD- This is the 30 Minute chart. Today we are looking at the daily pivot that is resistance so we are looking for that entry to the downside I would like to enter this trade at the price of 1.0965. I am looking to take profit at the support that looks to be strong support at the price of 1.0911. This is only a 40 pip trade but looks solid.
Thank you traders and talk soon….William