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macrolukas
Nov 16, 2019 11:31 AM

EURUSD SHORT at the end of the week Short

Euro Fx/U.S. DollarFXCM

Description

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 FX:EURUSD
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