Euro / DollaroShort
EURUSD - Next Leg Down
Please see comments on chart.
Multiple confluences for a short trade, included entry, stop and target FYI.
Dollar-long set ups making appearances on multiple currency pairs is an added confluence for a short trade.
As stated we could see a slight continuation up before we descend lower.
Any movement above 1.10 and this analysis is invalidated.
Initial target of recent lows, however depending on price action I may extend target to 1.02/03
Multiple confluences for a short trade, included entry, stop and target FYI.
Dollar-long set ups making appearances on multiple currency pairs is an added confluence for a short trade.
As stated we could see a slight continuation up before we descend lower.
Any movement above 1.10 and this analysis is invalidated.
Initial target of recent lows, however depending on price action I may extend target to 1.02/03
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