EURUSD - Pullback and short idea

16 Nis

Friends i hope all of yours trading in profit or at least without losses nowadays. Now situation highly depend on fundamentals impact and very hard to analyse market. Anyway i am trying to trade with limit order for catching best price. Now on EURUSD i made some analysis. This instrument looks very oversold in short timeframes. Before i thought EUR will get strength but after last fall me changed my bias. Now i think it made falling channel and seems not reached dips. I will sell it from fib 50 level of current drop with SL above fib 61.