IgnasKralikauskas

Possible eurusd short technical analysis

Short
IgnasKralikauskas Updated   
FX:EURUSD   Euro / U.S. Dollar
eurusd couldn't break resistance at 1.08250 possible move downwards to 61.8 fib level at 1.06990 if able to break highlighted areas. sup/res technical analysis and fib retracement. waiting for bullish candle formation or MA crossing.
Comment:
For possible entry we could look for bullish candle formations on M5; M15; or M30 time frames and wait for SMA to cross with EMA and confirm bullishness. Possible STOP above 1.08250. 1st target - 1.07600; 2nd target - 1.07280; 3rd target - 1.07000.
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