EUR/USD

By elh0
Uppdaterad
Respecting the 1hrly trendline, sentiment bearish & fundamentals nodding towards further downside.
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1.07211 - Monthly resistance
1.06652 - Projected TP via Vasily Ponomarev
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Not the best R2R, wouldn't usually go under 5 but fundamentals seem to lead this over technical. Fundamental are settling but looks like EUR has found new resistance a the 576 level.
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Looking like a 61fib retracement.
Trade stängt: Stopp nått
Too tight on the SL, will see how this retraces for a pullback.
Trade stängt: Stopp nått
Makes sense German foreign minister just put out a strong statement for the EUR strengthening.
Trend Analysis

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