davidleekuanyong

EURUSD 4hr price below 1.09030-40 resistance

Short
FX:EURUSD   Euro / U.S. Dollar
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2
EURUSD 4hr price below 1.09030-40 resistance. This may give us clue that EURUSD is going for a downtrend. If prices above 1.09030-40 resistance zone . It will invalidate my downtrend analysis. Downtrend targets are 0.382, 0.50 and 0.618 fibonacci retracement levels.

I shorted at 1.08830 with stops at 1.09100.

This is not a buy/sell call.
Trade closed: stop reached