EUR going down little bit

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EURUSD has a much clearer uprise potential comparing with GBPUSD

However Friday's it's battered down by US dollar same way like the pound and the uptrend formation was short lived. I would watch the next day or two's market move closely to decide whether it will continue it's journey to the north.

For now, I expect the euro to go down a bit, the safe entry will be just below the 50MA on hourly chart.

Notice the price 1.8248 - I expect the price, if it does go down further, it should bounce back up strongly (providing US economy data being not impressive)

SL: above 1h 50MA, I prefer a bit higher above previous resistance 1.188 which had been support and resistance levels quite a few times in the past. 

TP: to be confirmed

 #OPINIONLEADER# 

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