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Rocketman
Feb 26, 2016 5:28 AM

EURUSD 4-hour short idea Short

Euro Fx/U.S. DollarFXCM

Description

It is expected that the EUR data coming out for the CPI to be good, but I believe something else based on my understanding. I think the CPI for Germany will be down and not meet expectations or estimates. So, I will be looking for a small shorting opportunity to the downside if one arises.

4 hour chart ZOOMED in: gyazo.com/c0a29ed0148ffb1072f70e380fc863b4 It looks like most things on different strategies point to 1.1075 1.11 as resistance to add to our SHORT EURUSD position after some candle signal. What do you think?

4 hour chart ZOOMED out: gyazo.com/c0a29ed0148ffb1072f70e380fc863b4
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