EUR/USD Technical Analysis Outlook for Nov. 3, 2014

Nov/3/2014

Short positions below 1.26271 with targets @ 1.24492.

Alternative scenario: Above 1.26271 look for further upside with 1.26599 as a target.

Comment:
   1.) RSI is trending down.
   2.) 20 days MA cross down over 50 days MA.
   3.) Looking to sell off on the bounce down from Fib. 23.6%

Short EURUSD by BondGirl.USGFX on TradingView.com