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tradewithkara
Aug 6, 2017 2:13 PM

EURUSD CORRECTION Short

Euro Fx/U.S. DollarFXCM

Description

I have circled the support and resistance in this pair. This our WEEKLY chart. That long wick is an indication of a correction! The 38.2% is my TP on a SHORT. If it continues, we're looking at 50% next. If THAT continues down, we're looking at 68% as a 3rd TP. Watch to see what happens in the coming days.
Comments
gumbtg
volume did not confirm a reversal
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