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Millennial_Trading
Jul 1, 2017 3:50 PM

EURUSD Daily. Possible Short Short

Euro Fx/U.S. DollarFXCM

Description

Price is currently at a strong area of value having been rejected in the past a few times on a strong resistance level & the peak of a channel.
It's currently in what I would call a sell zone, but not yet giving me a signal/trigger to sell. Will be watching this one closely as I am also anticipating a break of the resistance level & channel;- if this happens, I will be looking out for a trigger to go Long in the current Buy Zone that's marked up.
Little bit of a neutral analysis but we must always have a plan B. Good luck :)
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