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EURUSD - Bearish Sentiment

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Euro / Dolar A.S. (FX:EURUSD)  
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FX:EURUSD   Euro / Dolar A.S.
Trend Analysis Technical Indicators Wave Analysis elliotwaveanalysis EURUSD Bearish Patterns Fibonacci Retracement shortsetup
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trendanalysis indicator waveanalysis elliotwaveanalysis eurusd bearish fibonacciretracement shortsetup
As we can see EURUSD is currently in a bearish sentiment. It retraced to the 61.8 FIB level which is a key fib level for the second wave of the Elliott Wave Theory showing nice resistance to the level. Next we should see a strong impulse downward if the idea plays out correctly. The SL and TP have been marked accordingly.

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