dewpoint

Could we see this rise further

FX:EURUSD   Euro / U.S. Dollar
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2
Here's my idea, I have short orders at 1.0840 & 1.0870, looking at the chart price has hit the 50% fib, that said could we see a retrace back to the main resistance line at the 1.1150 level?, I have 2 areas where price may go the other is at the 1.1050, or do we see this breaking down at this current level. It looks like it has higher to go, with increased obv, mom is starting to turn down.

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