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KN_FXtrader
Mar 29, 2015 6:57 AM

EURUSD TECHNICAL ANALYSIS Short

Euro Fx/U.S. DollarFXCM

Description

The price seems ready to continue its downtrend after a retracement. It is possible the price to reach the 0.5 fibonnaci level again before going down. My target is at first the 1.0800. If it go up we should wait the reaction at 61.8% fib level. A possible long trade target would be 1.1300 if the price break the trend line, mva 200 and fib 61.8 level,
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