Guhanak7
Short

EURUSD SHORT

FX:EURUSD   Euro Fx/U.S. Dollar
9 months ago
0.786 bounce on a important level of resistance, Wish you the best

BREXIT is fast approaching and it is reasonable to expect this outcome.
9 months ago
Comment: http://www.theguardian.com/politics/2016/apr/02/eu-referendum-young-voters-brexit-leave?

This is a bit alarming, but supporting the trade idea posted above. We as traders have done our homework. Technical analysis is better than fundamental. Let's sit tight and let time play it's role.
rocker123
9 months ago
Good analysis ! Thanks
+1 Reply
XNTIPXN
9 months ago
lookin on the hourly, there might be a head and shoulder forming to confirm your idea more
+1 Reply
Guhanak7 XNTIPXN
9 months ago
Yes ! I agree
Reply
waterman
9 months ago
Good work. But euro is too bullish to fall !!
Reply
Guhanak7 waterman
9 months ago
Yes I do agree Euro looks bullish but talking in two perspectives of EURUSD pair,
Fundamentally, The uncertainity of Brexit will make USD stronger than EUR
Technically , After detailed analysis using elliot wave concepts and price action, EURUSD looks bearish. If it reverses, I would expect a bounce at .886 and It is highly unlikely to break 1.17 level in the near future
Reply
waterman Guhanak7
9 months ago
I agree. You are right. But everybody knows Brexit will never happen !!
Reply
Guhanak7 waterman
9 months ago
Yes !! I concur, it's highly unlikely. It's the undesired voting process that's going to cause volatility
Reply
trendlegends
9 months ago
i wait 1.19<
eurusd
Reply
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