EURUSD Short (Daily)

FX:EURUSD   Euro / U.S. Dollar
I am hoping to see EURUSD fall bearish this week. As it just spiked through the 61.8 region of the fib level which may suggest a downtrend to around 1.07500. I'm hoping it retests the support level as this point and bullish momentum pushes the market back up to 1.11000 or above. If the support falls below the 1.07500, I'll be expecting a continuation of the bearish pattern to the -27% fib level.


Hi, good analysis - i think below the 0.786 is a good entry for go short. After this pushing run up i see EU will make a correction
+2 Reply
well done :-) you find out the double top
+1 Reply
I also hope for a bearish fall.
+1 Reply
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