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EURUSD MORE DOWNSIDE

Short
Euro / U.S. Dollar (FX:EURUSD)  
Charts247TradingAcademy Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis EURUSD eurusdshort Technical Analysis downtrend continuationpatterns
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trendanalysis chartpattern waveanalysis eurusd eurusdshort technicalanalysis downtrend continuationpatterns

Yesterday we took a long in this pair expecting price to retest the Weekly structure at 1.0879 but price missed this target by few pips. The leg up was the last wave of correction so we are short again the EURUSD, expecting a break of the Momentum low.
This is a continuation trade and we are targetting the T1 of the Fib retracement 0.618.
Short Entry: 1.0860
Stop Loss: 1.0890
Target: 1.0745.
Trade active:
Short Entry: 1.0860
Stop Loss: 1.0890
Target: 1.0745.

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Forex Weekly Analysis 23.02.2020
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