niamh-forex

EURUSD Short (Daily)

Short
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.

Comments

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
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out