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EURUSD: Bearish sequence

Short
Euro / U.S. Dollar (FX:EURUSD)  
TradingSutra  
FX:EURUSD   Euro / U.S. Dollar
Elliott Wave Trend Analysis EURUSD eurusdshort forextrading Forex currency trading
16
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elliottwaves trendanalysis eurusd eurusdshort forextrading forex currency trading
The poke above the neckline & an abrupt reversal suggests that the move was a corrective sequence against a downtrend. EURUSD should resume the downtrend against the high made in yesterday's session. Any rise should be taken as selling opportunity for minimum target area of 1.1800 region.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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