EURUSD: TDI H1 pointing down
Although the TDI H4 has just spiked up there are other reasons to short EU:
Price has just bounced off 61% fib which is also at the bottom of last weeks resistance.
There is a gap to fill from Friday
There are at least 40 points to fall before the 23% fib which is also the top of the next support and is still above the next round number: 1.32.
Waiting till LO
Although the TDI H4 has just spiked up there are other reasons to short EU:
Price has just bounced off 61% fib which is also at the bottom of last weeks resistance.
There is a gap to fill from Friday
There are at least 40 points to fall before the 23% fib which is also the top of the next support and is still above the next round number: 1.32.
Waiting till LO