rauan
Short

EURUSD 1.0960 to 1.0810

FX_IDC:EURUSD   Euro Fx/U.S. Dollar
I. EURUSD             has remained below daily resistance 1. 1015             as displayed on D timeframe.
Same chart highlights likely sell targets of static line 1.0815 and descending daily trendline at 1.0760.
snapshot
II. In short term view, I expect EURUSD             to retrace back to 1.0954/1.0970 area (38.2% Fibo level + intraday trendlines ) and enter sell there.
Trade closed: target reached: Target 1.0810 completed.
Good analyse with trendlines....Good luck..
+1 Reply
Tested and retraced down from 1.0954, 38.2% Fibo level.
Further action is decline continuation (more likely) or return to 1.0970.
snapshot
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