Daily Trend: Downtrend.
4 Hr Chart: Below 50 MA (Downtrend)
Position taken: Sell EURUSD
Enter position: Enter sell when reaching FIbonacci level when hit 61.8. Safer alternative at between 38.2 to 50.
Stop loss. Above recent high 1.36840.
Forex: Trade Updates EURUSD 17.6.14
Daily Trend: Downtrend.
4 Hr Chart: Below 50 MA (Downtrend)
Position taken: Sell EURUSD
Enter position: Enter sell when reaching FIbonacci level when hit 61.8. Safer alternative at between 38.2 to 50.
Stop loss. Above recent high 1.36840.
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