Trader, analyst and instructor with a 6-year experience

EUR/USD with Leonid Vereschagin (13.12)

EUR/USD technical analysis 13.12.2013


Chart 1. Daily EURUSD

Bearish engulfing on the daily chart was a first selling signal. Note that euro spent the last to 2 days in the 1.3800-1.3830 resistance zone. 

Chart 2. H4 EURUSD

Trade signal: 

SELL: optimal at 1.3750

Stop Loss:  1.3825

Take Profit:  1.3625

Chart 1. H4 EURUSD


Technical analysis by Leonid Vereshchagin

Independant FX trader, coach and analyst


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