It looks like EU will continue to sell. Here is what I am looking at:
- The candles have crossed below both EMAS and have started to consolidate below the 50 EMA, - The MOM is facing down and below 0. - The STOCH is facing down, below 50 and the orange line is above the blue line. - High Impact News on both the EUR and USD the week.
Potential Sell Stop at 1.08000. SL: Up to you TP 1: 1.07600 40 pips TP 2: 1.07200 80 pips