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Silvestrov

EURUSD - good short on retest

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Euro / Dólar Americano (FX:EURUSD)  
Silvestrov  
FX:EURUSD   Euro / Dólar Americano
Trend Analysis Support and Resistance Head and Shoulders EUR USD EURUSD DXY dollar euro Forex currencytrading
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trendanalysis supportandresistance headandshoulders eur usd eurusd dxy dollar euro forex currencytrading
After breaking down H&S support and making initial decline to 1.16, EURUSD is now bouncing back and trying to restest previous support level @~1.175, which now clearly acts as resistance

In addition, trading seems to be ocntained inside downward channel for now, and reaching its higher bound we got clear rejection.

I believe we are at good levels to attempt low risk short entry with possibility to see below 1.14

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Silvestrov
EURUSD - key spot to determine next move
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