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Jun 2, 2016 2:42 AM

EU Short  Short

Euro Fx/U.S. DollarFXCM

Description

Lower TF shows MACD divergences. Within the daily timeframe, EU seems to be testing the previous neckline which coincides with the 23.6% fib retracement. The short seems pretty convincing with resistance around 1.121-1.122. Just make sure that you have a tight SL with TP around 1.100.

Let me know what you think.

Comment

Currently in the money with 15 pips.
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