Short-term Trading Idea FX EUR/USD – Bear Speculation: Development on Ideas from 26/10/15

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Trading opportunities for currency pair: the euro/dollar’s candle has been closing with a long upward shade for six weeks in a row. The eurobulls aren’t able to strengthen above 1.15. The interim 1.0838 target is still there, with the support zone at 1.0807-1.0818 (27th May and 20th July minimums). A scenario where we’ll see growth will become frozen out for a while if the daily candle closes above 1.1210.

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