DK_Investment_Consulting

EUR/USD sell on 1H after strong break

Short
FX:EURUSD   Euro / U.S. Dollar
market price is in correction movement after stopping last weeks up trend and going into sideways channel.

We have seen a double top and the last high was not strong enough to reach the last two tops that is why I expect down movement for the beginning of this week to drawn first stronger support area

RSI and MACD indicating both more down side movement because both are turning more down ways
Trade active
Comment:
move stop loss to entry
Trade closed: target reached:
trailing stop reached after yesterdays breakout from down trend channel

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