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Euro / U.S. Dollar
Short

EURUSD: Two Points to SELL From:

By VasilyTrader
snapshot

Friday's structure breakout is a very important bearish clue.
I am very bearish biased on EURUSD at the moment and look for shorting opportunities.

Next week consider two areas:
  • Resistance around 1.196 based on the previous low
  • Resistance around 1.202 based on a local daily structure


I will look for a retest of these areas and look for shorting opportunities from them.
I will wait for the intraday confirmation before I open the order.

Please, like this post and I will show the confirmation that I am looking for in my next idea on EURUSD.
Chart PatternsEUReuroEURUSDForexSupport and ResistanceTechnical AnalysistraderTrend AnalysisUSDDJ FXCM IndexUSD (US Dollar)
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