Here's Looking At The Chart

Missed the early signal. Currently trading below pivot of the day which lies at 162.24. Rallying a little more than expected yesterday but the move has fizzled out late this morning and we should drift slowly lower. I'm looking to short around 162.xx after the IFO news.



Pair: EUR/USD
Timeframe: 5M
Direction: Short
Price: 1.5669
Target: 1.5559
Status: Closed (10 pips, chickened out)