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wuweitrader
Apr 12, 2013 3:50 PM

EURUSD - 240 min Short

Euro Fx/U.S. DollarFXCM

Description

Price has found resistance at the Reaction Line. There is some weakness coming in. This is what I will be watching over the weekend, if weakness is confirmed, then owing to the fact that price has turned at the multi-pivot line, I will be looking for a test and re-test at the Reaction Line with stops above that multi-pivot line. My target would be the Center Line, but this all depends on how price shows itself going into next week.
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