EuroMotif

EURUSD bounce to short: EU resistance zones to watch

FX:EURUSD   Euro / Dollar Américain
EU finally got a bounce, from the 8.618 fib extension.
Supposed to bounce at 8.236 but stops were hunted.
Typical London games, it dove at open only to reverse.

The impulse from bottom is showing some strength.
It should reach at least the green 4.236 around 1.18xx.
It could go much higher but expect a pullback soon.

Background:

I am an EU bear, spotting the top in April 2018
As that downtrend started, I spotted 1.07 as final destination
Since then I have been shorting or waiting to short, for example my last big short based on Pivots

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.