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Short

EURUSD SHORT FROM A DECENT LEVEL

FX:EURUSD   Euro Fx/U.S. Dollar
81 0 2
The eurusd             have seen a nice correction in the last 24Hrs, this move is a chance for us to sell the rally in the pair. On Tuesday price broke down the significant/structural point 1.0808 which is a big sign of weakness in the pair, now price is retesting a significant point 1.0869 which is the break point of the initial down move.
A short is initiated here with anticipation that price will continue lower and more low is expected below the Monday low of 1.0709.
A stop is placed above 1.0940. Next target is 1.0635 area.
You can watch our EURUSD             Weekly analysis video here: https://www.youtube.com/watch?v=SDMLlnE154w
GLT             and trade with care.
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