elh0

EUR/USD

Short
elh0 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Respecting the 1hrly trendline, sentiment bearish & fundamentals nodding towards further downside.
Comment:
1.07211 - Monthly resistance
1.06652 - Projected TP via Vasily Ponomarev
Comment:
Not the best R2R, wouldn't usually go under 5 but fundamentals seem to lead this over technical. Fundamental are settling but looks like EUR has found new resistance a the 576 level.
Comment:
Looking like a 61fib retracement.
Trade closed: stop reached:
Too tight on the SL, will see how this retraces for a pullback.
Trade closed: stop reached:
Makes sense German foreign minister just put out a strong statement for the EUR strengthening.
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