EURUSD Trade

EURUSD H4

I ma watching this setup from past few session. I got stopped out on my short trade yesterday. Details [here]. 

Now both long and short trade are coming up on H4 charts. The previously defined channel might act as support on any dips. But I would prefer only short positions in EURUSD. I will also wait for news announcement on Greece on Monday before taking any trade on EURUSD.


For short trade: A trendline which is in place since Sep, might act as support-turned-resistance. And it offer a good short opportunity.