EURUSD is currently some retrace and short term retrace is expected to be completed around 1.2992 level and we might see EURUSD getting back to it downward trend from that level. If EURUSD breaks the 1.2992 level, then next target for traders to sell EURUSD will be at 1.3067
RSI has opened up nicely after some retracement by EURUSD and is looking good to take a dip from 1.2992 level.
Trade:
Sell EURUSD @ 1.2992 for Profit Level @ 1.2932 and Stop Loss @ 1.3022
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