fxplan

EURUSD: breaks channel?

EURUSD could be stopped by a support turned resistance at 1.0700,  But if bulls shows some strength just have to wait till break above channel and retrace for a Long trade.

Economic Calendar
Nov 19, 19:30 ECB Monetary Policy Meeting Accounts
Nov 19, 20:30 Initial Jobless Claims
Wait and see how the market reacts today?

Plan
1. Entry: 1.0700 SL: 1.0730 Target: 1.0620 #short
2. Entry: 1.0770 SL: 1.0800 Target: 1.0620/1.0500 #short
3. Entry: 1.0800 SL: 1.0770 Target: 1.1000 #long
eu