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zuoertai

Continue to short EURUSD at upper level resistance

Short
Euro / U.S. Dollar (FX:EURUSD)  
zuoertai Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns EURUSD
2
0
trendanalysis chartpattern eurusd
Due to the negative impact by uncertainty in Brexit, Italy budget issue and strong USD, EUR fell to the new low. If there are no surprises tonight from Europe, EUR would remain the same movement pattern.

Strategy:
Wait until price gets to 1.14800 then take a short position, take profit at 1.14350. Stop loss at 1.15000
Comment:
This idea was beaten by positive news from Italy side. Another prove of how powerful fundamental side of news are.
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