EUR/USD long term trading

2 thg 1, 2015

Considering RSI and the triple Strong resistance we can assume that EUR/USD downtrend rally migth ends in the following month. This graph is shown the weekly chart so it refers to long-term trading plans. However, it offers us a good chance for analysis. Downtrend might stop (trading plan 1), but if price continue going down we have three strong resistances that can be a satisfying profit target in sort positions(for shorter term tradings) (trading plan 2)