eurusd shorts

By lewisbooth
i will be looking at shorting eurusd due to price rejecting the 0.618 fib level and alsop is rejections the resistance zone, price has also formed a double top and is also currently overbrought on the rsi which indicates buying momentum has ended and sellers may be looking to enter the markets, i will be selling down to the 0.382 fib level for 99 pips which will also create the 3rd touvh of the 4 hour ascending trendline
Chart PatternsEURUSDTechnical IndicatorsshortTechnical AnalysisTrend Analysis

Disclaimer