SunRiseZoneFX

EURUSD Potential Scratch Setup 7/17/2016 1 Hour Chart

FX:EURUSD   Euro Fx/U.S. Dollar
The euro             fell sharply against the dollar and the safe haven yen late Friday as risk aversion spiked after Turkey’s prime minister said an attempted military coup was under way, anyways on Monday, July 18 markets in Japan will be closed for a national holiday and New Zealand is to release data on consumer price inflation , so we'll be looking forward for something new update if we find we'll update the description...

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By one of our contributor trader77330
EURUSD seems downtrend


Greets: Nawab, trader77330, ersoytoptas, kiross, denn112 and last but not least BLUE43
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Comment: By Nawab one of our contributor
:
Fundamentally : Euro will be downsizing, latest news, Italian Banks are more affected because of Brexit. Still coping the damages. USA on the other end has stable market as compared to Euro.

Fib levels to confirm: 0.5 below to short.
Comment: #1 UPDATE

snapshot
In one hour timeframe the lagging span crossed the thin cloud while going down, and so did the pair.
At the next opening, the trend should be bearish .
Also, the price is under tenkan sen and kijun sen. In lower timeframes this is also the case.
So, if the configuration is still the same at the market opening, I would advise to be short on this pair.
+1 Reply
SunRiseZoneFX trader77330
gotcha thanks m8...
Reply
MetalCruisers trader77330
:D
Reply
Fundamentally : Euro will be downsizing, latest news, Italian Banks are more affected because of Brexit. Still coping the damages. USA on the other end has stable market as compared to Euro.

Fib levels to confirm: 0.5 below to short.
+1 Reply
#1. UPDATE

snapshot
Reply
Long for rest of the week!!!
+1 Reply
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