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GMPinvestors

EURUSD close to collapse?

Short
Euro / U.S. Dollar (FX:EURUSD)  
GMPinvestors  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Support and Resistance Fibonacci EURUSD Forex Technical Analysis stocastics takeprofit
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trendanalysis supportandresistance fibonacci eurusd forex technicalanalysis stocastics takeprofit
The market is still in uptrend, trying to reach the target at 1.14410. We think there is a nice probability to invert the direction.
We expect a breakout on the support at 1.12903 trying a short from the breakout to TP1 (38% Fibonacci and secondary support) and TP2 (50% Fibonacci and previous support).

Let us know if you like our opinion, and if you have some different idea, just leave here a comment!
Enjoy Traders!
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