EURUSD Price Action – Sell Setup At Role Reversal Level Profits

Published 12/30/2014, 01:17 AM
Updated 05/14/2017, 06:45 AM
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EURUSD – Sell Setup At Role Reversal Level Profits (4hr chart)
Yesterday in the members trade setups commentary, we talked about our bearish bias on the Euro and that we were looking to sell into resistance. As you can see from the chart below, our sell setup at the role reversal level profited nicely while needing a minimal stop.

For now, we expect the bear trend to continue and will sell any weak pullbacks into resistance. Our downside targets remain at 1.2050 and 1.2000.

eurusd

Also in our members trade setups commentary today, we cover the USDCAD, USDJPY, GBPUSD & WTI. Click here to become a member.

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