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FX_Trader_Analyst
Mar 25, 2016 2:36 AM

Short EURUSD_ Sell retracements  Short

Euro Fx/U.S. DollarFXCM

Description

Long term view on EURUSD is to sell any retracement.

Technically speaking pair is still in the uptrend and bouncing at 21 EMA and yearly central pivot. Should that price retrace on 1 H and made HH I would be looking for the price action and sell.

Should that price break below yearly pivot we can wait for retracement sell from there.

I don't like to catch the falling knife so I would be patiently waiting for better sell zone.
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