NMTrading
Short

Short on EURUSD after minor retracement.

FX:EURUSD   Euro Fx/U.S. Dollar
Looking to short EUR/USD             . It has retraced to the key 61.8% fibonacci level and has also broken a trend line . RSI and stock also indicate oversold however on the 2 hour time frame Stoch indicates this pair could go up. We believe there will be a minor retracement before the continuation downwards. Our first Take Profit Target will be 1.1341 and the second target will be 1.1292
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