FXBen
Short

EUR/USD Further Downside Expected

FX:EURUSD   Euro/U.S. Dollar
Last weeks movement has given us a great potential setup on this pair. We have closed below the key 1.0815 monthly support level and i am now just wait for retest and price action confirmation to short.

Target = 1.0520
would you say retest till 0.1815 and back to...well, deep ?
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FXBen PRO p19860601
I don't quite understand the question?
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you are saying you waiting for the retest and price action confirmation to short... I set up a Fibo and for me the 61.8 level is at 1.0815. ( sorry i mistyped that above)
would that be a 'good' retest level? what do you think? hope it's clear now ?!:)
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FXBen PRO p19860601
yes i am waiting for 1.0815 to be retested and then signals from the price action at that level to get short
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