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peterbokma

EURUSD-ST SELL strategy

Short
Euro / U.S. Dollar (FX:EURUSD)  
peterbokma  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis
6
0
trendanalysis
No change in view.

The market is overextended, and it looks like we should see lower 1.0500 in the short-term. We are in a well defined channel boundaries.
Strategy is SELL current @ 1.0850-10.0875 and add small again above 1.0917.

Profit taking @ 1.0527 and stop-loss 1.0967 for now.
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