Next level of resistance 1.2387.

Our trades based on Intraday - Daily reversion. Reversion level is Pivot level. Same time they are strong resistance or strong support. Resistance we do Sell, support we do Buy. Thees Entries are 2-7 pips accuracy. And Stops are 25 pips. Later after price moves 15 - 25 pips of Profit move Stops near Entry. Also we do trade follow broken Pivot. In this case I do make special note. It works just for special Market conditions and for special levels or pivots. Take some profit at 40 and 70-100 pips. Never close all trade 100% Do not risk more 3% of your account Balance.

Next week I'll start Free teaching for algforex.com subscribers.

I'll give you some basics how to make safe Entries and when do not trade.
Also how to keep trade in Main Trend and how to make extra money on reversions.
This way you'll be more successful trader and on your own.

If this channel will be broken higher, we'll see 1.2403.

We did Sell 1.2350 one more time with one pip accuracy.

Take 1/4 ... 100 pips of Profit and move Stops to Entry.
Later I'll do adding EUR/USD Short near 1.2327 - 1.2355.
Entry getting lower, because of Channel Trend Short.