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ForexDaGoat

EURUSD NICE rejection of the supply zone R3

Short
Euro / U.S. Dollar (FX:EURUSD)  
ForexDaGoat Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Support and Resistance Pivot Points
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trendanalysis supportandresistance pivotpoints
R3 Resistance at 1.6632 possible double top. Lower highs being created with exhaustion candle wicks, wick rejection of R3 Resistance structure.
Go for Short, Close half of position at previous support structure 1.16000. IF previous support structure 1.160000 is broke, price may travel to S3/S4 support located at 1.15449.

If previous structural support holds we can expect price to return to R3 Resistance Zone 1.6632.
Order cancelled:
New chart created 100-200 EMA cut price.
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