EURUSD Forecast and Trade Setup 20th March, 2014
EURUSD Forecast and Trade Setup 20th March, 2014
H4 Chart
Looking for a bounce here from this falling knife ... as usual
- Broken ascending chanel
- Potential price to stall at the highlighted level / light blue level (1.375 approx)
- Overlapping Fib, + potential harmonic pattern completion
- US Dollar index is also close to my resistance
Cheers
Risk Level Medium to High - catching a falling knife
Tips -
Always take note of any economical news event on our provided calender below
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