Art-of-FX

EurUsd short game

Short
Art-of-FX Updated   
FX:EURUSD   Euro / U.S. Dollar
4
I think the Euro will really start to see some pressure on their currency fundamentally due to the brexit, more importantly to me the technical side is showing some clear patterns that offer good opportunity. I think I will short this to the trendline 1.07 ish area and take profit there. Then I will observe a possible break and retest of the under side of the pattern. If we get a nice retest I will short again, if not I will look elsewhere.
Comment:
Still in play just a long wait
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.