EURUSD – Potential Short


Looking to see how price reacts as it approaches the supply zone highlighted in blue. Looking for possible shorting opportunities if price stalls or get some reversal candles.  Stop would be above the zone or more conservatively above the 78.6% Fib Retracement of AB.
Click here to view chart.
It’s worthwhile noting though that the latest news for the Euro is positive based on the EU agreement.
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This entry was posted in EURUSD, Fibonacci, Forex, Misc. Setups, Support (Demand) - Resistance (Supply). Bookmark the permalink.

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