peterbokma

EURUSD-NEUTRAL to Short-term SELL

Short
FX:EURUSD   Euro / U.S. Dollar
The market moved lower within the channel and the privious short-term SELL idea worked out well. Now, we are still remaining within the channel, and I feel we may see lower levels again, breaking below the channel support 1.0920. For now SELL into a rally above 1.1027. The over all GANN support is in the 1.0650 area, and for that reason we BUY medium-term @ 1.0778 for now and take profit at 1.1297.

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