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tannerle

EURUSD Downward cross

Short
Euro / U.S. Dollar (FX:EURUSD)  
tannerle Updated   
FX:EURUSD   Euro / U.S. Dollar
Moving Averages
2
2
movingaverage
Moving Averages suggest a downward cross in progress on EURUSD. Previous closures broke support zone turned resistance. Current downward channel in progress. We could see a pullback before shorts happen, but ultimately I expect this pair to reach support level @ 1.17220. Further, 1.1664.
Trade closed manually
Comment:
Managed to catch ~29 pips. Shorts invalid
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