Possible short reversal from resistance coming up on EUR/USD.
Keep in mind resistance can break. I am not saying I will definitely short. I am saying IF the right set up forms I will consider entering a short.
We have seen several bounces from the 1.3130-1.3150 recently. It is important to note that each bounce has been progressively lower than the last. This suggests that the resistance is very strong.
I will keep you guys updated in the chat room and on here.
www.forex4noobs.com/fxchat
Keep in mind resistance can break. I am not saying I will definitely short. I am saying IF the right set up forms I will consider entering a short.
We have seen several bounces from the 1.3130-1.3150 recently. It is important to note that each bounce has been progressively lower than the last. This suggests that the resistance is very strong.
I will keep you guys updated in the chat room and on here.
www.forex4noobs.com/fxchat