SirajHudda
Short

EURUSD Nearing the Short Zone!

FX:EURUSD   Euro / US-Dollar
EURUSD             is reaching the short zone which is around 1.1475 to 1.1500 where 61.8% Retracement falls of Wave 1 and Wave A is Equal to Wave C completing the correction within the Channel Lines which is also at the same levels. I would go short at those levels for a Wave 3 down move which will be impulsive and fast. Targets for me are below the previous low and at around 1.0350 levels. Other short term targets are shown on the chart. Just my analysis, any comments or likes are appreciated. Happy Trading!!
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