Nungari

Eurusd short 2nd Quarter

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD is currently bullish, which should continue for a while, A break of price action would push price lower, creating lower lows and lower highs below the 1.0500 mark. As such, the bearish run can only mature after the break of the trendline and lows extending towards the 1.0000 mark. Sell single at critical points, preferably the round figures, and anticipate increased volatility and momentum beyond these price points. Fundamentals coinciding with these levels will be an added advantage since price will make major moves in shorter periods of time.
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