Short on EURUSD after minor retracement.

15 בפבר׳ 2015

Looking to short EUR/USD. It has retraced to the key 61.8% fibonacci level and has also broken a trend line. RSI and stock also indicate oversold however on the 2 hour time frame Stoch indicates this pair could go up. We believe there will be a minor retracement before the continuation downwards. Our first Take Profit Target will be 1.1341 and the second target will be 1.1292