Gekko.uk

EURUSD Short

Short
FX:EURUSD   Euro / U.S. Dollar
2
I believe EURUSD has completed it's correction and is now ready to resume it's bearish bias. It is the CD leg of an AB=CD pattern and shows bearish price action. RSI shows neither overbought or oversold so the initial movement won't be volatile. The closing candle is resting on the 0.236 fib retracement. It closed under previous support turned resistance. DXY shows signs for reversal. As always, trade safely. Good luck.
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