Trader_97

EURO LIKELY TO CONTINUE TRADING LOWER !

Short
FX:EURUSD   Euro / U.S. Dollar
2
On Hourly time frame Euro seems to be finding resistance early on under the T.L Resistance from November 25th 2015 which clearly symbolizes that upside will stay limited until we see a breakout and a decent follow through after a retest against the Greenback . For short term we can consider 1.0584-94 and 1.0604 as resistances. Support levels to keep an eye out for are 1.0556 , 1.0544 and 1.0528 .Look to go short on recent highs

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.