mantasg
Short

Eurusd hit inportant resistance

FX:EURUSD   Euro Fx/U.S. Dollar
1025 2 20
First of all eurusd             still in bearish trend and if keep this in mind we can have very nice oportunity to join that trend. Next week NFP, is what I am aiming and preparing. This week jobs numbers was prety good. Today bad ism number not helped to take out resistance and now we have nice enguilfing on 4h chart . First support is around 1.10 - it's about another 200pip at downside and if we look at fibs we can get even 1.08 target hit as well. not dreaming about much more because on monthly euro             still stays oversold.
you thinnk to take a short from 1.1275?
Reply
nicely put. look forward to next week.
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