CapMoore

Price Hitting Important Resistance Level

FX:EURUSD   Euro / U.S. Dollar
174 0 2
Price is hitting important resistance in the 50% fib of recent
downleg, Weekly pivot point , HMA200, And H4 Kijun Sen.
This level was is attractive for shorting, if price starts showing
weakness. If broken with a strong candle to the upside,
warns of shifting sentiments. The SSI             ( FXCM             ) has become
almost neutral (1,0755 Net Long).
Note, a daily close above weekly pivot point (1,0675) may
expose the Weekly R1 at 1,0731. But general idea here
is to add to shorts.
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