Euro / U.S. DollarShort
EUR/USD, Daily key area, few confluences to short..
Hi All,
Here we have the EUR/USD on a DAILY time frame. We have a respected key area (grey box) which could either turn to a retest for a bullish run or hold as resistance for a short.
Green line support has been added for a uptrend, although the grey box has recently been tested multiple times to the left and also is has respected the 0.618 on the FIB, Can also see a DOUBLE TOP forming with the 2nd candle been a bearing ENGULFING candle..
This could be a key time to watch and catch a few pips either way..
Good luck and trade safe.
L
** This is not financial advice, this is for education purposes only - All feedback is welcomed **
Here we have the EUR/USD on a DAILY time frame. We have a respected key area (grey box) which could either turn to a retest for a bullish run or hold as resistance for a short.
Green line support has been added for a uptrend, although the grey box has recently been tested multiple times to the left and also is has respected the 0.618 on the FIB, Can also see a DOUBLE TOP forming with the 2nd candle been a bearing ENGULFING candle..
This could be a key time to watch and catch a few pips either way..
Good luck and trade safe.
L
** This is not financial advice, this is for education purposes only - All feedback is welcomed **
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