if selling euro please relax
this pullback is necessary for a lower low to form and euro still looks good to test 12430 so relac your nerves as we may see res 12518/12525 putting the bears back in dominance
As we approah asian session, traders should still have a bearish perspective on euro and we are likely to see res 12518 pushing euro further down so a sell limit at that level will be ideal.
We saw how res 12518 pushed the bears back in motion. Nevertheless traders are still expected to wait and sell euro as we are still likely to see a bearish voyage to supp 12465/12430. Trade with care and use good money management which remains the only way to making consistent and sustainable profits in this risky business.