Market watch – $EURUSD 12-14-2016 ahead of the FED

Every week a new trading opportunity ! When you see a set up and you need support we are here ! Never miss a good trade.

On our market watch today is EUR/USD. The pair is  in a rectangle after 1.08000 rejection. Traders should look at the selling zone 1.0680-1.07000, if they are not short from current trading levels. Also if you are more conservative think about sell stop at 1.05000. 

Recommended trade size should be adjusted to your risk profile and money management. 

SL should be above 1.07200 and the first target is 1.04000.

Happy trading! (click on the chart to enlarge it)

EUR/USD trend following strategy

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