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Berenguer
Nov 22, 2017 3:59 PM

eurusd 

Euro Fx/U.S. DollarFXCM

Description

possible short term eurusd LONG due to weakened USD. However, this is a long term down trend so the short will occur after retracement is finished. A bad news for the euro could end retracement and cause the trend to take its natural path downwards.

Comment

Short Term Long if close above 1.17994

Comment

so this idea is setting up really well. However I would not short yet as American Thanksgiving is happening and there is no US data. This thing may go up to the next resistance before it falls.

Comment

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Comments
-Jong
In my opinion you should use the Fib. tool from the nov. 7 low.Previous low to a high..
yeahbuddy
Great Analysis!
Berenguer
@yeahbuddy, thanks :)
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