"SHORT CONTINUATION EURUSD " by trader Joe_Keegan — published 2016-12-22

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Short

Euro / U.S. Dollar (FX:EURUSD)

FX:EURUSD Euro / U.S. Dollar

EUR euro dollar short continuation Fibonacci SELL AB=CD keylevel Support and Resistance

eur euro dollar short continuation fibonacci sell abcdpattern keylevel supportandresistance

EURUSD is looking really bearish here as it is trying to hold on by the skin of its teeth. It's looking like it's going to be going short again after this brief retracement fizzles out. I'm looking for euro to come back up to the 38.2 Fibonacci of the last move down to look for multiple rejections to look for a continuation opportunity back down to initial targets at 1.03093 and 1.02843

I like your analysis. I have a similar chart on EURCAD on my page

i mean bearish, sorry

Yeah, u right! >Bullish >Short

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