Euro / U.S. Dollar
Short

Trading Plan EURUSD

The main plan: to sell EURUSD from the level of 1.1500 with the target of 1.1355.
The reasons:
  • The trend is bearish on the D1 chart.
  • Flat with borders: 1,5000 - 1,1300.

Probability: 80% (high)

Reserve plan: buy EURUSD if the rate can rise above 1.1480.
The reasons:
*Long consolidation at the upper border of the flat, near the level of 1.1500.
*Possible breakthrough range up.
Probability: 40% (average)

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