EURUSD SHORT TRADE AS PRICE IS TESTING RESISTANCE Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Nov 18, 2019 7:59 PM

Price for the EURUSD is at a resistance level on the Daily chart which also lines up with the 50 FIB level. On the 1 hour chart a nice bearish pin bar was formed at this level. I will be going short and targeting previous support as my take profit.

Trend Analysis