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jjburrel

Time for a EUR/USD retracement?

Long
Euro / U.S. Dollar (FX:EURUSD)  
jjburrel  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis
4
0
trendanalysis
This market has had a sharp decline, and now I am expecting a retracement. We just came into a previous demand zone, accompanied with RSI divergence, so I expect a rally likely into the 50% retracement zone. As always, follow your trading plan.

Entry: 1.1750
SL: 1.1650
TP1: 1.2065
TP2: 1.22
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