Trade Idea, 20 Feb: Sell EURUSD

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Sell EURUSD @ 1.0640

SL @ 1.0685

TP @ 1.0525

Trade Description: It looks likely to be a pretty quiet session although the Euro does look a little heavy. Allow for a minor squeeze higher to sell into, with a SL placed above last Friday’s high and with a TP placed just above last week’s low.

This order is only good for entry purposes until 5.00 pm NY time today

This information is a personal view only, this being a trade being undertaken by FX Charts. It is not an inducement or recommendation to trade although you may do so if you agree with the parameters of this idea.. Refer to our disclaimer here.

These market alerts are provided as part of a trial basis only. To continue to have access to alerts at the end of the trial register at fxcharts.