Petr Suchanek

EURUSD false break of a Fibonacci level

FX:EURUSD   Euro / U.S. Dollar
346 2 2
Since Eur is still in the short-term downtrend, this is a very nice opportunity to enter short.
I am personally short just at the 61.8 Fibo, the ultimate target is at the bottom of the swing.
Ok, I covered @1.3516, which is a daily pivot and the volumes at 6E futures started to favour the buyers there. Now it is maybe another retest of 61.8 Fibo, but because it is evening now (in my timezone), I will take some rest and get prepared for another trading session.
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