Hello all,

EUR was weakening all friday across the board. Most likely traders are positioning for next ECB meeting. Anyway, Ive entered EURAUD and EURGBP short trades.




EURGBP was falling for some time and nice retracement finished with big spread doji candle. It completed at least 50% fib retracement and usually that kind of bar is pretty good signal. So I am entering short trade but with my finger to cover position if price will not fall fast. First target is recent lows, which if broken, can fall much much further.

So get some rest before next , week. Watch your levels, stops and will see ya!

Cholia
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