EURUSD | Retest 1.1250, looking for more downside
Friday's NFP data provided some much needed fuel to an anemic, lacklustre market.
We saw the EURUSD drop about 75 pips and close below the important 1.1250 level.
Coming from the recent 1.1400 highs and closing below 1.1250 suggests more downside to this trade.
My trade comes with a retest of 1.1250 from below. I'd like to see price work its way up to that zone and reject strongly off it, setting up my short.
We saw the EURUSD drop about 75 pips and close below the important 1.1250 level.
Coming from the recent 1.1400 highs and closing below 1.1250 suggests more downside to this trade.
My trade comes with a retest of 1.1250 from below. I'd like to see price work its way up to that zone and reject strongly off it, setting up my short.
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