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michael6malone

I am going short to 1.1171 with a stop at 1.1211.

Short
Euro / U.S. Dollar (FX:EURUSD)  
michael6malone Updated   
FX:EURUSD   Euro / U.S. Dollar
2
0
2016Sep21 I am going short to 1.1171 with a stop at 1.1211.

The target falls on the 38.20% fib retracement level.

The pair has formed a double-top (at least very very close).

The RSI is high.
Comment:
I wanted to mention that my target falls just above a range of support that started on 2016Sep18, 22hr est and lasted for 10 hours.
Comment:
Fail.
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