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harshjapee

EURUSD bears in control after hitting 1.1870 resistance zone ?

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Euro / Dollar AS (FOREXCOM:EURUSD)  
harshjapee  
FOREXCOM:EURUSD   Euro / Dollar AS
Trend Analysis Wave Analysis EURUSD Technical Analysis
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trendanalysis waveanalysis eurusd technicalanalysis
EURUSD bulls manged to push 20 pips above the fibonacci 0.618 retracement seen around 1.1850/60 levels yesterday. High probability remains for a bearish reversal from here. Could be too early at this moment but a push below 1.1730 confirms, we are heading south. Bottom line for bears to remain in control stays at 1.2010 handle.

Remain short, stop @ 1.2010, target @ 1.1350 and 1.1100/50


Good luck!

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