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bat_catcher

Possible sell. Below recent support.

Short
Euro / U.S. Dollar (FX:EURUSD)  
bat_catcher Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD short shortsetup
9
2
trendanalysis chartpattern indicator eurusd short shortsetup
Slow stochastic now quite showing overbought, but we're in a long term bear trend.

Entry point just below recent support.

Target 1 - at weekly support region.

Stop at short term resistance.
Comment:
Be aware of 200 day MA at 1,08472 which shows some effect on price movement.
Comment:
Also be aware of candlestick patterns and volume at the entry point as it acts as both support and weekly resistance (they almost touch). Watch for false signals!
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