Hi Traders,As I mentioned in my previous Blog about EUR-USD.It is working accordingly . Watch these levels. Here are the levels I am watching to trade. EURO Rally stalled at 1.10 with this in mind and a broad based weakness in Euro.The Euro rallied against the US Dollar is corrective . candlestick pattern. A daily close above the intersection of a falling trend line and the 23.6% Fibonacci retracement at 1.0955 exposes the 38.2% level at 1.1263. Alternatively, a move below the 1.0456-541 area (March 16 low, the 23.6% Fib expansion) clears the way for a test of the 38.2% threshold at 1.0233. I will treat any on-coming gains as corrective, looking to enter short at a more attractive level .Happy Trading
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