Trade Idea, Date 15 Feb: Sell EURUSD

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Sell EURUSD @ 10600

SL @ 1.0640

TP @ 1.0525

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

Trade Description: The Euro remians under pressure, and with the 4 hour and daily indicators pointing lower selling into near term strength  appears to be the plan, with a tight stop placed above the descending trend resistance and the Tuesday high

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.