EURUSD Trend for the Week - Possible FIBO retrace

I will be posting my weekly view about the major currencies on the forex market.

EURUSD did a huge movement on the last week, almost achieve the last top and ended the week with a red candle that give us a red flag about.

We will be looking to short and reach some profits with TPs on the FIBO levels.

If the Top of this last movement is reached again, I will be adding another short position.


I will be expecting a correction in EURUSD so I will be adding SHORT position aiming TP on the FIBO levels