FXAutomate

Look to sell into any strength

Short
FX:EURUSD   Euro / U.S. Dollar
The EURUSD is now in a well-defined bearish trend and looking for short setups into any signs of strength will offer traders with high probability setups. For this week I am expecting strong resistance from the Weekly R2 Pivot @ 1.179 and will consider a short to new structure lows @ 1.168 which is also the Weekly S2 Pivot. Should we see price strengthen to previous structure highs @ 1.188 this will provide an even better short opportunity with stops to be considered at the Monthly R1 @ 1.1915

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