jiriprusa

Another move down for EUR/USD?

Short
FX:EURUSD   Euro / U.S. Dollar
From weekly timeframe on EU printed new lower high perfectly to the FIBO golden zone supported by high volume weekly candle. Daily time frame show us great reaction in liquid zone 1.9700 - 1.1000. and retested 61.8% fibo zone. We cen see also right shoulder of the pattern. On 4 h we can see break of the structure and little correction. There is forming a correction pattern and retest 1.9000 key zone. After 1 h pattern breakout and little pullback, or 4 h evening star closure I see perfect entry for short trade to the 1.8500 and 1.8000.

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