4xbullion

LONG EURUSD @ 1.2530

Long
FX:EURUSD   Euro / U.S. Dollar
1
Pair was moving in a uptrending channel and price was rejected with previous structure. Since it is making higher highs, we can look for a opportunity to get long on retest of structure @ 1.2530. If the pair gets below previous lows at 1.2500 we get out.

Trade Type: Trend Continuation
Price: 1.2530
Target: 1.2630
Stops: 1.2492
R/R Ratio: 2.75

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