EUR / USD Short Run.
EUR / USD. Short opportunity for a few day run.
Based on the Weekly and Daily charts the obvious bearish move should continue.
Price bounced off the well established resistance level and should get to 2.168 retracement (take profit 1.01626). The safe level to take a profit that will be a temporary support as well at 1.618 (take a half profit 1.03641)
Good luck trading!
Conclusion:
Sell
Stop loss: 1.09046
Take profit A: 1.03641
Take profit B: 1.01626
Based on the Weekly and Daily charts the obvious bearish move should continue.
Price bounced off the well established resistance level and should get to 2.168 retracement (take profit 1.01626). The safe level to take a profit that will be a temporary support as well at 1.618 (take a half profit 1.03641)
Good luck trading!
Conclusion:
Sell
Stop loss: 1.09046
Take profit A: 1.03641
Take profit B: 1.01626
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