EURUSD Short Position Awaiting (May Retest Highs, Trendline)
Looking to sell EURUSD. I do believe it'll make one more push up to potentially have a 4th retest of the trend line, but all in all - I think it'll tank after that. The Weekly & Daily moving averages all match up for a short, and the DXY is slowly heading higher and higher.
I do believe EU will retest 1.12300 before pushing back down!
1.11200 where the last low was, would be my first target.
1.10990 to 1.10630 would be my 2nd target (between the .27 fibonacci extension and the weekly support level I have drawn on)
I do believe EU will retest 1.12300 before pushing back down!
1.11200 where the last low was, would be my first target.
1.10990 to 1.10630 would be my 2nd target (between the .27 fibonacci extension and the weekly support level I have drawn on)