JamesZhang

EUR/USD New Trend to short !

Short
FX:EURUSD   Euro / U.S. Dollar
11
1/ The trend of EUR/USD has been changed since the price broke the up-trend line today due to bearish news coming from European Central Bank's Chief Draghi.
2/ So the EUR/USD is now bearish in both technical side and fundamental plane.
3/ And the first target will be the former low position about 1.08500.
4/Suggest:
Sell limit at 1.11600 or when it pull back to 60&100 days' MAL.
SL at 1.12856
TP at 1.08500
Risk/Reward Ratio: 2.43

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