EURUSD - Short Trade - Collapse Against the Dollar

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Here's an analysis done on the EURUSD. Looking to Short this Pair down into the lower fibonacci levels.

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Dagangan aktif:

Trade is active we can see the price has rejected off the 109.500 price area and has dropped 25 pips down to 109.250 Support
Bearish momentum looks to continue to the downside.\

Entry 109.250

Sl 109.500

R:R- 1:7

Target 1 will be 109 Support
Target 2 108.750
Target 3 107.5

Dagangan aktif:

Smashed Targets one & 2