EURUSD - Short based on fundamentals
Just as a couple days ago, strong resistance level. From a technical point we have Lower Low and Lower High, so downtrend is still going on. Long term trend line seems to be respected. Stochastic turning down from overbought level.
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9 December 21:05:36 (GMT + 0:00): SL moved to break even
10 December 6:00:41 (GMT + 0:00): Due to close above 1.23909 I closed trade with small profit. Current short-term uptrend seems to be continuing, but right now I won't take any trade, because of strong resistance and trend line above.
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9 December 21:05:36 (GMT + 0:00): SL moved to break even
10 December 6:00:41 (GMT + 0:00): Due to close above 1.23909 I closed trade with small profit. Current short-term uptrend seems to be continuing, but right now I won't take any trade, because of strong resistance and trend line above.
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