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EURUSD - Bearish Sentiment

Short
Euro / U.S. Dollar (FX:EURUSD)  
WrightWayInvestments Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Wave Analysis elliotwaveanalysis EURUSD Bearish Patterns Fibonacci Retracement shortsetup
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trendanalysis indicator waveanalysis elliotwaveanalysis eurusd bearish fibonacciretracement shortsetup
As we can see EURUSD is currently in a bearish sentiment. It retraced to the 61.8 FIB level which is a key fib level for the second wave of the Elliott Wave Theory showing nice resistance to the level. Next we should see a strong impulse downward if the idea plays out correctly. The SL and TP have been marked accordingly.

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