EUR/USD at Critical Level — Short Setup Forming
EUR/USDShortIntraday4d ago2 views
Trade Setup
Entry Price
1.0836
Stop Loss
1.0898
Take Profit
1.0711
Risk : Reward
1 : 2.02
RiskReward
Technical Analysis
Looking at the 1-hour chart, EUR/USD is showing a clear pennant pattern near the 1.0836 level.
Fundamental Context
The macro environment favors short positions on EUR/USD. Keep an eye on upcoming data releases.
Trade Setup
Risk:reward is 2:1. Stop loss at 1.0898, take profit at 1.0711.
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