EUR/USD June 17th

The pair is trading @ 1.3904; yesterday it went up from 1.3747 to 1.3933; considering Friday downside movement, yesterday we had a retracement of exactly 50%; in the H4 chart we are still in the lower bollinger band; and we are trading at a crucial level; 1.3920 represent the mid of the bollinger band; we are below the exponential moving average; RSI is at 48, the stochastic is indifferent;I think the pair should finally move down; so I will consider an area of neutrality: 1.3891-1.3973; My idea is to short below 1.3891, or to buy over 1.3973, depend on your sentiment; I am still bearish and I will following shorting the market;

here are some support and resistance:

R3 1.4233; R2 1.4047; R1 1.3976; S1 1.3790; S2 1.3675; S3 1.3489;

may trading plan:

my sentiment is short;

I will sell 2x units now @ 1.3896;

stop loss @ 1.3980 (so clearly few pips over 1.3973-76)

target 1.37 area and 1.3400 in a longer period;

have a good trading day

:D