Jnwsk
Short

EURUSD Analysis Week of July 17, 2016

FX:EURUSD   Euro Fx/U.S. Dollar
On the weekly timeframe we see a nice range. Resistance at 1.14500 very nicely. The last candle finished with a wick down signaling strength in bears.

Then looking at the daily chart you see nice LH and LL on a downtrend for more confirmation.

Then looking at the 4H chart lets see where we should look to enter on this trend 1.11000 seems like a reasonable retracement area to look for shorts. Trading safe the TP area should be around 1.08500.

Happy trading everyone!
thanks for share .. blessigns
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