macrolukas

EURUSD SHORT at the end of the week

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD retraces at the 0.68 fib level last week. I guess that price will go up and gets rejected by the 0.38 fib level or at least at the 100 EMA in the daily.
At the end of the week we will see PMI of many european countries and Mrs. Lagarde is also speaking on friday.

So overall I think that we will see a bearish trend continuation till the end of the week at EURUSD

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