EURUSD – March 28th 2014

Should price action EURUSD remain inside the 1.3730 to 1.3780 zone the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position @ 1.3730
• Take Profit Zone: 1.3910- 1.3950
• Stop Loss Level: 1.3640

Should price action EURUSD breakout above 1.3780 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position @ Retracements in the trend; buy orders during dips
• Take Profit Zone: 1.3910- 1.3950
• Stop Loss Level: 1.3640

Should price action EURUSD breakdown below 1.3640 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position @ 1.3640
• Take Profit Zone: 1.3530- 1.3560
• Stop Loss Level: 1.1.3720

Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.

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