SSSDEV
Short

Bearish Euro going forward

FX:EURUSD   Euro Fx/U.S. Dollar
205 6 4
Eurousd could go downside as the charts suggest , 20MA weaking for now
Comment: see chart here
https://www.tradingview.com/chart/XtQIlPEX/
Comment: This chart based on Mcginley indicator was based on inputs from my friend and Mentor , Brian Twomey, a great Forex wizard and trader,
booked partial profits at 1.1300, have some pending sell from 1.14x and looking to scalp from 1.1300 onwards -- waiting for more downswings
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trade closed profits booked now , hope you all enjoyed , I am not too sure now, we could have buy pressure soon, good luck
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The price from April is in a trading range 1.14x-1.133x levels and now a bearish break out could occur at 1.1330 levels short term . see this chart too
https://www.tradingview.com/chart/uMMlgJG3/ for guidance
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conservative traders can place trade at 1.1300 , Short here for 1.1220 levels, good luck
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I am not a market mover and I have an open Sell position. Readers are requested to use a Stop loss and trade as per their risk taking abilities. good luck.
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The indicators indicate a bearish Euro in a trend for some time and could retrace from .382 fib and break support further to 200 D ma where the recent low lies 1.1143
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