orvilleawright
Short

BEARISH EURUSD WEEKLY

FX_IDC:EURUSD   EURO / US DOLLAR
Nov 9 2015: BEARISH EURUSD             WEEKLY
(Analysis Based on Weekly charts)

Criteria
1. Long term down trend
2.Price close below weekly SR zone
3. Recent strong bearish price action
4. Expect price to continue moving down to the 1.0504x support level

NOTE: Wait for price action to confirm the importance of these levels. I don't trade from the weekly chart. I use it to evaluate overall market direction.

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