DavidBelleFX
Short

EURUSD Daily ANALYSIS

FX_IDC:EURUSD   Euro Fx/U.S. Dollar
We have taken out the range highs here on EURUSD             . That means that the stops have been triggered and essentially, a daily stop run has taken place (look at how long price spent above the range highs and then fell again). I would be looking at a close below 1.1020 to suggest a further move downwards sub-1.0800, but the clearance of the range highs and a sharp move away gives great evidence that a move downwards is highly likely.

Form your own opinions.

Not to be taken as investment advice.
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