forex4noobs

Possible EURUSD Short

FX:EURUSD   Euro / U.S. Dollar
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9
Possible short reversal from resistance coming up on EUR/USD .

Keep in mind resistance can break. I am not saying I will definitely short. I am saying IF the right set up forms I will consider entering a short.

We have seen several bounces from the 1.3130-1.3150 recently. It is important to note that each bounce has been progressively lower than the last. This suggests that the resistance is very strong.

I will keep you guys updated in the chat room and on here.

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