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EURUSD: Bearish Reentry with a Potential Bearish Butterfly

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Euro / Dollar AS (OANDA:EURUSD)  
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OANDA:EURUSD   Euro / Dollar AS
Harmonic Patterns Technical Indicators Trend Analysis DXY euro USD Butterfly Bearish Butterfly rsibamm
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harmonicpatterns indicator trendanalysis dxy euro usd butterflypattern bearishbutterfly rsibamm
The previous .786 entry got stopped out at much lower prices with a tight stop and now we are showing potential for reversal again at the 1.272 Fibonacci Extension and PCZ of Potential Bearish Butterfly as the RSI goes well above the last overbought reading. Given the scenario, I'd say it's worth trying again with a stop above the next Fibonacci extension.

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