venckusarunas
Short

EUR/USD Fibonacci extention down 28.05.2015

FX:EURUSD   Euro / U.S. Dollar
I think price has pierced 61% of Fibonacci from lows in March 13-16 to highs in May 15. Now going down in second Fibonacci extention down price got into correction of last lows to lows at Fibonacci 50%. Good entrance point for short.
i agre only it will first tuch 1.096 ,by my opinion
Reply
thank you for reply. Unfortunately price made a move of only 70 pips from 50%. and had broken 61%, what could cause further bullish move to ~1.105
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