Ha funny you said that, I shorted the EUR and hedged against it...

  1. 361 Posts.
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    Ha funny you said that,
    I shorted the EUR and hedged against it too as the Ann came out but anm still bearish as i have made clear. the bear trend needs to push up and out of the range to give me a thought to go long.
    Looking for the move down to around the 1.296 area,
    3 reasons,
    Proven resistance 61.8 Retracement level and ABCD range exhausted all on 4 hr.
    Oh and 4, Rising on declining volume.
    Hope that made sense.......
    Obviously this is only tech, i still feel as though EUR is not stable and any type of negativity could bring it down more.

    Let me know your thoughts
    (sorry, its cutting the right side of my chart off but im sure you can work it out.


 
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