EURUSD short to just over 200 pips

20 בספט׳ 2020

The pair is likely to shoot up to that 1.1940 - 1.1960 something area since we recently saw wicks on the last few candles on the daily chart closing above the 200ma signaling possible rejection atleast as according to me where i would be personally looking for sell opportunities in that area when reaches the 1964 resistance area where there is also a retest of a trendline giving it a bit of confluence .... some may also see this area as a second shoulder to a head and shoulders formation...but oh well do what you have to do ... Happy trading week :) (please like and follow and also constructive criticism is also welcome)