Market has given me the opportunity to sell eur. faded the move at 1.0850 while i was out dinner. im expecting at the very least for euro to retrace to 50% of the move 1.0708 (first target)
1) Overnight poor US ISM data
2) Seeing some divergence in MACD on the pair
3) Expect market to catch on the bullish JPY recommendations from US and Japanese banks
Completion of Bat Pattern. inline with a longer term trend downward trend.