EUR/USD Short
Updated
EUR/USD Technical Analysis
As you can see very easily on my Chart, it seems like the EURUSD will stay Bearish.
(1) Big Bearish Impuls with a correction between the Fib 78.60 and 61.80
(2) Played out at Fib Speed Arc RES + breaking this RES
(3) Breakout TSL 1 and bouncing off to downside TRL 1
Now I am waiting for Price breaking the latest LOW at 1.12739 - If this is the case I will open my Short Position. #
SL and TP on the Chart!
If you want more evidence and confirmation:
As we look at the EUR/USD in comparison with the DXY (which is Bullish at the moment), we have another
Indication for a stronger USD.
PS: On the site you can also go LONG on the DXY
As you can see very easily on my Chart, it seems like the EURUSD will stay Bearish.
(1) Big Bearish Impuls with a correction between the Fib 78.60 and 61.80
(2) Played out at Fib Speed Arc RES + breaking this RES
(3) Breakout TSL 1 and bouncing off to downside TRL 1
Now I am waiting for Price breaking the latest LOW at 1.12739 - If this is the case I will open my Short Position. #
SL and TP on the Chart!
If you want more evidence and confirmation:
As we look at the EUR/USD in comparison with the DXY (which is Bullish at the moment), we have another
Indication for a stronger USD.
PS: On the site you can also go LONG on the DXY
Note
Formed a Double Top on the 1H initiating a move to the Downside.So we are pretty much on Track with my previous Analytics...
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