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AnasRathore
Jun 20, 2017 1:43 PM

EURUSD: In a clear Bearish trend Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD looking to break the support area 1.11300-1.11400 and the 38.2% retracement of the move started from 1.08400-1.12950. The pair looks Bearish to me and looks like it will continue the downtrend in the coming sessions towards the 61.8% retracement near 1.10000 zone at least. I am bearish and targeting 1.10000.
Recommendations: Remain Short with stop loss at 1.12200 and set your target at 1.10000

Good Luck..
Comments
ploskyx3
Nice chart
AnasRathore
@ploskyx3, Thanks
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