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khun
Nov 25, 2015 8:01 PM

EU: Doom Continuation Expected Short

Euro Fx/U.S. DollarFXCM

Description

Looking at the 4h chart, one can only conclude that the EURO will continue dooming down. It would be great to get some shorts filled in the orange box before riding it straight down into the ultimate key support area between 1.04624 - 1.04124. After a short bounce it´ll break down as well, so we can meet 1.02040 in early December. Happy Trading!
Comments
khun
UPDATE2: Another possibly solid support at around 1.0520 must be considered...
khun
UPDATE1: The daily kindly highlights the importance of the key support area
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