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EURUSD Staying Short for OANDA:EURUSD by ForexStoryteller

Date:

Looking at an overall strong downtrend, and getting solid rejection on the 5 minute time frame.

Entry taken at market value, stop above 1.0837 and looking to target just shy of the next daily level.

Price will have to move through some smaller levels to finish going down, but I do believe it will stay the course. The downtrend line leading down from the highs is staying fairly consistent, and looking to see it continue in the same way.

Trading on the phone, hopefully the chart comes out ok.

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