justatrader
Short

EURUSD, 1.25122 could be a good place to add to shorts

FX:EURUSD   Euro Fx/U.S. Dollar
379 0 5
Follow up to EURUSD             previous analysis 2 weeks ago, price retraced to the break out level and then declined, breaking support at 1.25122.

Not sure how today's NFP will come out, but given the Euro             weakness, a retracement to 1.25 cannot be ruled out as it is a strong level to short from with a relatively low risk. Bearish flag target to 1.2026
Professional market analyst with a keen interest on futures. Love keeping an eye on the markets. Currencies, bonds, commodities. Combining technical analysis and the fundamentals. Contact me for more details.
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