Long $EURUSD Box trade from previous supply and demand area.

Long $EURUSD Box trade from previous supply and demand area.

A new week and the same question; “what is the $EURUSD going to do?”. Today’s Box trade idea is a long trade out of this supply and demand. If price comes down into the Box and then is rejected to the long side then a buy trade will be opened, stop below the Box and a target set based on the average daily range. Profit Lock set to 10 pips once +40 has been reached.

Follow all the Box trades via @TradingTheBox on Twitter.

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