EURUSD Potential Scratch Setup 7/17/2016 1 Hour Chart
The euro fell sharply against the dollar and the safe haven yen late Friday as risk aversion spiked after Turkey’s prime minister said an attempted military coup was under way, anyways on Monday, July 18 markets in Japan will be closed for a national holiday and New Zealand is to release data on consumer price inflation, so we'll be looking forward for something new update if we find we'll update the description...
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By one of our contributor trader77330
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PM me to contribute in this published idea, you can drop us your point of view so that we'll add them as an updates here in the description field.
By one of our contributor trader77330
Greets: Nawab, trader77330, ersoytoptas, kiross, denn112 and last but not least BLUE43
Credits: investing.com
Comment:
#1 UPDATE
:
Fundamentally : Euro will be downsizing, latest news, Italian Banks are more affected because of Brexit. Still coping the damages. USA on the other end has stable market as compared to Euro.
Fib levels to confirm: 0.5 below to short.