Wednesday, January 14, 2015

14/01/2015 Trade updated

EUR/USD is still under pressure.Apparently 60 min chart break up did not provide the kick for a bounce.

Below ,as seen 5h chart is providing the resistance around 1.19. Themarket tested 1.870 twice but failed.

The daily chart below.

 The expected exit levels and exit amounts are mentioned below.
The trade does not look very promising any more.

Exited when the recent low broken.

LOSS:180 euros with transaction costs.

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