EUR/USD Short Bias

I really like this one on a technical side. With the EUR coming down all year the favour is to keep playing the trend to the downside. With price pulling back towards a resistance trend line and also pulling back 50-61.8 % before the daily closed as a nice rejection, I think we could see further downside. I'm not short yet especially with NFP tonight however see how it goes and I may look at shorting this early next week.
Chart PatternsEURUSDForexforex101forexmarketforextraderTechnical IndicatorsswingtraderTrend Analysis

Also on:

Disclaimer