EURUSD Forecast and Trade Setup 20th March, 2014

EURUSD Forecast and Trade Setup 20th March, 2014

H4 Chart

Looking for a bounce here from this falling knife ... as usual

• Broken ascending chanel

• Potential price to stall at the highlighted level / light blue level (1.375 approx)

• Overlapping Fib, + potential harmonic pattern completion

• US Dollar index is also close to my resistance

Cheers

Risk Level Medium to High - catching a falling knife

Tips -

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