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dnsmith

EURUSD Buy stop at 1.153 or sell stop 1.119???

Euro / Dollar AS (OANDA:EURUSD)  
dnsmith  
OANDA:EURUSD   Euro / Dollar AS
Trend Analysis Chart Patterns EURUSD priceaction
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trendanalysis chartpattern eurusd priceaction
Price has recently consolidated around the 1.13 zone. Overall price is in a down trend, but has hit a signifiant support zone.

A move to the down side will see a sell stop at 1.119 right down to the 1.06 zone

A move to the upside will see a buy stop from the 1.153 right up to the 1.23 area.

Both offer good risk reward.
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