The price broke down Key Daily level 1.1529. On the chart you see how many times EURO bounced from that level. It shows that big players have huge interest to move price down, Because if the price close under key level it is signal for short.
Also, why i think the price will move down 1. In 90% cases the price is move in cycles with 2 or 3 waves. There was only 1.
2. Daily candle close under key level.
3. There are low predictable risk.
4. Major currencies all together moves down.
S/L:1.1537 First goal is 1.1310. Second goal is 1.1230
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Comment
Bearish reaction on NFP
Take a look on that fake up move when move started
Trade closed manually
H4 close upper key level 1.1530 close sell situation is changed
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