EURUSD is currently ranging between two zones (trending sideways), it has made a nice support around the price 1200 and a resistance at 1280. This week the price has closed at the support level and the chances for price to get back the resistance level is very high (i could rate it 80%), but in case it breaks that support the next stop will be around the price 1130 which is 80pips (in case you don’t have enough margin put your stop loss at the price indicated by red line and look for re-entry around 1130). Currently i give the shot on buying from where the price is and my risk will be 40 pips (at the red line) and reward will be 60 pips (at the resistance). Wish you all Nice trade #scalpking
