eurusd

10 Des 2016

same reasoning as the audusd short just posted. the monthly and weekly are even moreso bound in a downtrend at the moment with no look at all to them possibly recovering back to the upside soon. 1.0250 is chosen as a take profit because that also coincides with a 1.618 fib extension based off of the monthly elliott wave I have marked out on waves 1 and 2.