BloomFisher

EURUSD ON RESISTANCE - POTENTIAL FOR A DROP!

Short
BloomFisher Updated   
FX:EURUSD   Euro / U.S. Dollar
Hey Everyone,
Currently we're looking at EURUSD after the correction now it's Hitting 200D W.M.A which is acting as a resistance as well as Dynamic resistance
Price action Indicates an Overbought situation and we could sell it from here,
and hence our preferences for SELLING EURUSD will be,
EURUSD SELL NOW - 1.15370
STOP LOSS - 1.16002
TARGET - 1.14404

More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Trade closed: stop reached:
HIT SL (-70 PIPS)
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