Euro / U.S. Dollar

Short

EUR/USD

Updated

Respecting the 1hrly trendline, sentiment bearish & fundamentals nodding towards further downside.

Note

1.07211 - Monthly resistance
1.06652 - Projected TP via Vasily Ponomarev

Note

Not the best R2R, wouldn't usually go under 5 but fundamentals seem to lead this over technical. Fundamental are settling but looks like EUR has found new resistance a the 576 level.

Note

Looking like a 61fib retracement.

Trade closed: stop reached

Too tight on the SL, will see how this retraces for a pullback.

Trade closed: stop reached

Makes sense German foreign minister just put out a strong statement for the EUR strengthening.

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