Good morning fellow traders,
My view for EUR/USD for the next few days, 2 potential short entries as follows:
Entry 1 short on a bounce from either the 10-day moving average @ 1.0661 or @ 1.0664 Fibonacci extension that lines up with 23.6 Fibonacci retracement, the stochastic must be under the 50 mid line. 1st target the 2015 low @ 1.0522, 2nd target @ 1.0370 (Fibonacci extension).
Entry 2 short on a break below the 2015 low @ 1.0522 with a target @ 1.0370 (Fibonacci extension).
My view for EUR/USD for the next few days, 2 potential short entries as follows:
Entry 1 short on a bounce from either the 10-day moving average @ 1.0661 or @ 1.0664 Fibonacci extension that lines up with 23.6 Fibonacci retracement, the stochastic must be under the 50 mid line. 1st target the 2015 low @ 1.0522, 2nd target @ 1.0370 (Fibonacci extension).
Entry 2 short on a break below the 2015 low @ 1.0522 with a target @ 1.0370 (Fibonacci extension).