RF1508

EURUSD going down

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD is rolling over on the lower timeframes. I would have expect price touching the trend line and bouncing off this line. Now, however it looks like price is already reversing. It coincides with price reaching the M3 pivot so we trade it down because our bias is still bearish and this would align perfectly with a weekly swing trade SL should be place above the R1 and the while we will target M1 and S1 for targets. This trade is able to deliver a nice RR but daily price action is still messy, so be careful and quit the trade in case of any doubt.

Trade safely!
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