SonicDeejay

EUR/USD (A small swing back is expected)

FX:EURUSD   Euro / U.S. Dollar
EUR/USD

We had a strong sell down in the recent weeks, now it is time to take a breather after it hit a strong support level last week.

I am expecting a slight swing back up (or) a major sideway before the trend is to set in again.
I am only slight bullish for now with the possible target of 1.18 and 1.192 regions.


Just keep in mind that the major trend is still down, so if you doing a long trade, make sure to know what you are doing. If you want to play safe, wait patiently at the strong resistant levels to go short.


Let's see.


DYODD and Trade Safe
s0nic



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