trustbrokergroup

EUR/USD SELL - 02/11/2017

Short
FX:EURUSD   Euro / U.S. Dollar
Despite the growth of the price during the Asian session today, we still should give preference to short positions for the Euro as there are two strong resistance levels and the fall of the price was supported by large volume while the correction was on small volume. We can enter the market after a resumption of the fall of the pair on large volume both from the current level or after a test of the resistance. A stop loss should be placed above the level of resistance. A potential of the deal is around 120 points.

The bottom line: short positions after a resumption of the fall.
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