Today the euro printed a bullish engulfing candle from the daily support level.

Stochastik is climbing from the 20 % level so the next level from where I would like to short would be from resistance.

Fundamentally I would only trade euro shorts and therefore always shorting high from resistance.

Tomorrow on NFP we might get price continue the retracement to our level at resistance or our tradeplan might be invalidated if price just zips through our support level.

It is up to you if you want to take the trade if price does not reach our zone / area to short.

Best of PIPS

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