As pointed out in my article today morning, EURUSD seems very weak today and 1.3184 has proved to be a very strong resistance which has been holding up right through the day. Today has been a bit of a surprise with such slow movements through the day.
Anyway, EURUSD is now threatening to break the support at 1.3120 and if it does, it should go to around 1.3060 and i dont see it going down much further than that with not much news in today.
Any retracement towards 1.3180 is a good opportunity for shorting and i have taken 3 shorts at various times today on this pair for 28, 28 and 29 pips...
Attached is the hourly chart showing the MM levels and also the bearish pin bar on approach to 1.3180 which shows the selling pressure at that level.
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