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Silvestrov
Sep 30, 2020 12:40 PM

EURUSD - good short on retest Short

Euro Fx/U.S. DollarFXCM

Description

After breaking down H&S support and making initial decline to 1.16, FX:EURUSD is now bouncing back and trying to restest previous support level @~1.175, which now clearly acts as resistance

In addition, trading seems to be ocntained inside downward channel for now, and reaching its higher bound we got clear rejection.

I believe we are at good levels to attempt low risk short entry with possibility to see below 1.14
Comments
sayidjalilmusavi
Thanks.
So far so good!
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