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bryce.moral
Jun 29, 2014 4:30 PM

EURUSD retracement for a decent size profit!! Short

Euro Fx/U.S. DollarFXCM

Description

The EURUSD is attempting at a new high in the recent days and I fully expect a retracement back to the 1.36210 level which will provide a nice shorting opportunity.

This I expect it to rise and possibly bounce through the tested resistance level and have it become a weak support line.

The Stoch is in overbought location and looks to be heading down which is good news for the shorting opportunity.
Comments
bryce.moral
Made a small sell position for a nice scalp trade and now am going long!
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