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IAGMarkets
Apr 19, 2016 7:42 PM

EURUSD SHORT TO 1.13000 TARGET 1 Short

Euro Fx/U.S. DollarFXCM

Description

As the chart displays, after an anticipated bullish up move the pair has halted @ 1.39500.

It seems the pair is struggling to break the 61.8% Retracement zone after multiple attempts.

Our first target is 1.13000

2nd Target: 1.11500

Depending on the behaviour of price action will we know if we are headed lower to Target 2

Happy trading.

IAG MARKETS

Trade closed manually

Market situation changed.

Trade active

Trade closed: target reached

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