EURUSD Sell

EURUSD

EURUSD printed a steady monthly downtrend before the trendline was broken. Shortly after price created range between 38.2 and .50 FIb before giving us a major rejection at the 61.8 on the Fib. If price fails to close above the .50 on the monthly we could see a retest on the 23.6.

If bullish momentum remains strong we could see a higher high.