JohnLaw
Short

Quick update - tumbling the EURUSD legs by the hour

FX:EURUSD   Euro Fx/U.S. Dollar
Continued pressure on the EUR USD :
---------------------------------------------------------------
- notice there are no overbought readings on the RSI anymore = RSI moving towards the lower end of the band = bearish
- funy thing: the green support area seems less and less important - it has now gotten violated late May, early June, and now again (even in one session)
- let's see how that 1.1050 level holds this time

I'm still in into my new short position from 1.1070, looking for take profit at 1.0820. And perhaps it even crashes lower (1.0450 who knows - much will depend on the amount of market manipulation by e.g. the Swiss ;)

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