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Wonour
Dec 29, 2018 9:05 AM

Weekly Outlook 31st Dec - 4th Jan - EUR/USD 

Euro Fx/U.S. DollarFXCM

Description

Im currently in a short sell from the current zone at the 1.14500 level entry was at 1.14600 my Target is 1.13800

The reason Is this has the highest probability of being hit.

After this area we have got a demand zone which has been used twice already, potentially this could now fail and see prices push to the lower zone on the daily at the 1.12100 level.

I will watch and see how price moved at the 1.13500 level as we could see price try one last move up before a further drop
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