Deutsche TradingFX
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Deutsche TradingFX in EURUSD TRADES & ANALYSIS,

Trading plan: A Neutral tone for today’s action, but keep selling the rebounds $EURUSD #EURUSD

A small range for EURUSD today between support  1.0712 and resistance 1.0800. Any rebound would be a chance to short.

Our plan for today:

(A) Short at 1.0843, for 40 pips.

(B) Breakout strategy, short below support 1.0712  for 25 pips.

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R5 1.1050

R4 1.0950 GOOD LEVEL TO SHORT

R3 1.0924

R2 1.0843

R1 1% 1.0837

PP 1.0800

S1 & +0,5% 1.0790

S2 1.0750

S3 1.0712

S4 & -0,5% 1.0671

S5 1.0655

S6 & -1% 1.0623 GOOD LEVEL TO COVER SHORTS

S7 1.0577

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Option expiries 10am NY cut 1 April 2015
EURUSD – 1.0750 (EUR 323m), 1.0800 (EUR 2.1bln)