Eu. Possible short

in #euro6 years ago

A bounce atm looks unlikely. Eu is making lower lows as I type. Short term pa may change before reaching 2130 and bounce back to 2215/44. Once at 2215/44 is a time to look for a reason to short. At this time as long as it stays below 2245 and doesn't close an hour above 2236.. 2236 will change to a lower number with time.

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Should short or stay short in EU. Due to yesterday Large option 5.5 bln Euro struck at 1.22 expiration, euro made to 1.2203, impossible to reach your 1.2215 level..

Yes, unless L closes above yesterday's close.. New week looks like a lower close too. Week wise it could retrace the previous one too some. Day wise it only retraced 15 pips of the previous day yesterday. It looks real bearish. Next week maybe a little run above 2105. Month close too coming. ???????? 1.200x is a year close.. It may not give in easily. It could be a decent support..

I saw one comment about your decent support......"the last leg up in the $euro began in early Nov last year. The 50% retracement is...$1.2055, today's low. The 61.8% retracement is $1.1935"

If I had that other account I would be longing here.. 1.2x

Same view, STR. Good thing that STEEM just reached $4.20 today ... lol
EU chart.png

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