jeafxtrading

EURUSD 200 pips into new lows

jeafxtrading Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Get your shorts in ready to ride EURUSD down to new lows.

There are fundamentally no strong reasons why investors would be holding their bets in the Euro long against the dollar right now. Technicals are also on point, with a clear break retest of support-turned-resistance, and a wick reversal within my fibonacci hotspot.

Wide stops - it's a swing trade.
Be cautious of NFP this afternoon.
Trade closed: target reached:
tp achieved

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