Highcrunch
Short

EURUSD reached key resistance level with bearish BAT

FX:EURUSD   Euro Fx/U.S. Dollar
1094 5 9
EURUSD             reached key resistance level and expecting price to fall. I shorted with stop above last high at 1.2610 ( 1.2600 level also provides addiditonal resistance) Take profit level at 61.8% of Bat at 1.2375. I will move to break even when price reached 38.2% at 1.2445
Top notch!
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great analysis!
well done.
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Highcrunch MertErten
Thanks, this one works out well and hit targets faster than I anticipated.
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Shorted at 1.2501 and price is really falling. Took half unit off at 38.2% and move stop to break even. Free ride to 61.8% XA at 1.2373
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I agree, I believe the EURUSD is still falling. I was stuck on the 1.2500 being the key resistance but as you stated the 1.2600 level proves to be stronger.
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