neilharveyg

EURUSD SHORT

Short
FX:EURUSD   Euro / U.S. Dollar
Even with China's news regarding US Treasuries, it wasn't able to at least perforate the double strong double bottom on the 1D timeframe. Dollar is in fact going to retest again 50-level resistance.

HOURLY CHART: In EU's case, It's retesting again the stalling that had happened before the EURO's rise (After the dollar's sudden decline)

DAILY CHART: EU is still on the road to retesting too the 50% retracement of the identified swing from Decemeber-January. My view on this would be bearish until it hit that price level.

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