EURUSD waiting for sell

6 พ.ย. 2017

At the end of october EURUSD has broken out significant support level at 1.17000 and price remains below untill now. Of course 1.1700 is now resistance level. After the breakout price has gone lower for near 120 pips and as usually back to test recent support zone. We have expected that price touch 1.1700 level or go just above but it turned just before created two bearish pinbars. We missed our opportunity to open sell trade in the previous week, but see on chart that price is closed in range between 1.1580 - 1.1700 and expecting that price will back to 1.1700 where is sell zone. There we will open sell order.