justatrader

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

Short
FX:EURUSD   Euro / U.S. Dollar
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
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