TradingView
IgnasKralikauskas
Mar 25, 2017 3:22 PM

Possible eurusd short technical analysis Short

Euro Fx/U.S. DollarFXCM

Description

eurusd couldn't break resistance at 1.08250 possible move downwards to 61.8 fib level at 1.06990 if able to break highlighted areas. sup/res technical analysis and fib retracement. waiting for bullish candle formation or MA crossing.

Comment

For possible entry we could look for bullish candle formations on M5; M15; or M30 time frames and wait for SMA to cross with EMA and confirm bullishness. Possible STOP above 1.08250. 1st target - 1.07600; 2nd target - 1.07280; 3rd target - 1.07000.
More