After looking at this selloff in EURUSD I have noted the lows from April 2015 and December 2015. Those two lows have trend line that we are now trading at shown on point 1.
IF we get a break below this trend line then I am looking to short down to a target of 1.0170 as a minimum.
IF we start to bounce from the current price level I will just wait.
IF we get a break below this trend line then I am looking to short down to a target of 1.0170 as a minimum.
IF we start to bounce from the current price level I will just wait.
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