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EURUSD Way Overbought!

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Euro / Dollar AS (OANDA:EURUSD)  
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OANDA:EURUSD   Euro / Dollar AS
Trend Analysis Support and Resistance Fibonacci EURUSD eurodollar euro dollar USD Forex forextrading european
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trendanalysis supportandresistance fibonacci eurusd eurodollar euro dollar usd forex forextrading european
Friday we saw a squeeze up to our next level resistance. Although we expected EURUSD to go higher after breaking above 1.2050, we didn't expect that it would come sooner. Friday's close was below our resistance level so that means all bets going short.

Happy Trading folks!

Cheers!
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