THE_NEPHILIM

EUR/USD Short

Short
THE_NEPHILIM Updated   
FX:EURUSD   Euro / U.S. Dollar
EUR/USD Technical Analysis

As you can see very easily on my Chart, it seems like the EURUSD will stay Bearish.

(1) Big Bearish Impuls with a correction between the Fib 78.60 and 61.80
(2) Played out at Fib Speed Arc RES + breaking this RES
(3) Breakout TSL 1 and bouncing off to downside TRL 1

Now I am waiting for Price breaking the latest LOW at 1.12739 - If this is the case I will open my Short Position. #
SL and TP on the Chart!

If you want more evidence and confirmation:

As we look at the EUR/USD in comparison with the DXY (which is Bullish at the moment), we have another
Indication for a stronger USD.


PS: On the site you can also go LONG on the DXY








Comment:
Formed a Double Top on the 1H initiating a move to the Downside.
So we are pretty much on Track with my previous Analytics...
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