fxjoe_

EUR/USD Short Bias

Short
FX:EURUSD   Euro / U.S. Dollar
I really like this one on a technical side. With the EUR coming down all year the favour is to keep playing the trend to the downside. With price pulling back towards a resistance trend line and also pulling back 50-61.8 % before the daily closed as a nice rejection, I think we could see further downside. I'm not short yet especially with NFP tonight however see how it goes and I may look at shorting this early next week.

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