JoeFRX
Long

EURUSD, 4H, LONG SETUP

FX:EURUSD   Euro / U.S. Dollar
With news allowing the break of resistance we are waiting for the retest to show the old resistance becoming new support for a long position. This allowing us to set up a nice trade.
Trade closed: stop reached: however re-entry was available.

Comments

Interesting and possible though there is downward pressure and a probable alternate-ABCD (3 of 5) in the making on the daily. How far it will get on the 4H - nobody knows.
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