EUR/USD ; BRIEF

shorteurtoday

 

Current rate – 1.08670

As we seen on the graphic EU started a downtrend move, first leg slightly touch 61.8% of the fib level’s , the EMA 200 is performing the job for resistance as well. First consolidation period between the three level’s as we see it above.  With a bit widely stop we can setup for another short.

Pay close attention to those level’s

  1. 1.08100
  2. 1.07900
  3. 1.07100
  4. 1.07000
  5. 1.06900

 

M.Magnolia.

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