Fading the euro move

Market has given me the opportunity to sell eur. faded the move at 1.0850 while i was out dinner. im expecting at the very least for euro to retrace to 50% of the move 1.0708 (first target)

Comment: seems like there are some decent buyers at 1.0800 level, might look to buy back some if we get back there. at the moment, looks like aud short would be a wiser trade.

Trade closed: stop reached: Alas, never catch a falling knife. stopped out at 1.0904