BOAFX

EUR/USD SELL

Short
FX:EURUSD   Euro / U.S. Dollar
Similar to the GBP/USD we need to see some pullback after the big move yesterday. On the daily analysis , we have a triangle pattern forming which should eventually break out for a long position, but there is a lot to happen between now and then. In the short term we are looking for a pullback to the trend line of a secondary declining channel then a sell to the bottom of the triangle formation. You can see the trend line is in confluence with the 50% retracement of yesterdays move so I will look for rejection and entry at this level looking to lock in profit on the way down at the marked section which is a support area

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