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Trader_97
Nov 30, 2015 10:06 PM

EURO LIKELY TO CONTINUE TRADING LOWER ! Short

Euro Fx/U.S. DollarFXCM

Description

On Hourly time frame Euro seems to be finding resistance early on under the T.L Resistance from November 25th 2015 which clearly symbolizes that upside will stay limited until we see a breakout and a decent follow through after a retest against the Greenback . For short term we can consider 1.0584-94 and 1.0604 as resistances. Support levels to keep an eye out for are 1.0556 , 1.0544 and 1.0528 .Look to go short on recent highs
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