JasonSong
Short

EURUSD for short in a long term

FX:EURUSD   Euro / U.S. Dollar
EURUSD             for short in a long term.

I have to say, this pair did hurt me a lot yesterday. Because m a bearish trader...

Now, as we can see from the chart, is has come to a intensive trading zone and 0.382fib retracement position in H4 chart(1.09600-1.09700). I think this rather strong a resistance. However, if this pair break out upward, the resistance will be 1.10050.

From the long-term aspect, I still believe this paid is in a bearish trend!
currently go long stop below 1.0865 , try to buy on dips ,
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I do respect your feeling but its now range bound in 1.0800-1.1450. , please keep eye on those levels until greek drama does not finish.
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