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EURUSD - Daily Update

Short
Euro / U.S. Dollar (FOREXCOM:EURUSD)  
tradingwithyg  
FOREXCOM:EURUSD   Euro / U.S. Dollar
Support and Resistance Trend Lines Candlestick Analysis EURUSD eurusdshort eurusdforecast eurusdidea eurusdanalysis eurusdoutlook Forex forextrading
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supportandresistance trendline candlestick eurusd eurusdshort eurusdforecast eurusdidea eurusdanalysis eurusdoutlook forex forextrading
Recent price action: Bearish/Neutral
Pattern: N/A
Long-term momentum: Bearish
Short-term momentum: Bearish
Bias: Short
Action: Potentially take a short position if price can retest the 1.18283 level and hold it. Price yet to make a sizeable correction. S/R and 29 EMA could potentially intersect and if a candle can bounce off that zone it would solidify that level of support.
Comments: Trust the process. I closed out a trade right before a 90 pip move.
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