RlcTrading

Eur/Usd Value Area Needs A Breakout

Education
OANDA:EURUSD   Euro / U.S. Dollar
Eur/Usd has no clear direction as of right now but past experience and past knowledge tells us when price is moving up and then enters a area of value or consolidation , many times price will move up, however... this pattern is not leaning down or up! This is a rectange! Price could go either way!

We trade the breakout of this area to the upside or downside with a limit order or by watching price action and then placing the order.
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